
April 12 : Indian handset manufacturer Micromax has launched new smartphone Canvas Q327 in Nepal. Powered by a 1.2 GHz quad- core processor and 1GB RAM , the new Micromax smartphone runs on Android 5.1 Lollipop operating…
April 12 : Indian handset manufacturer Micromax has launched new smartphone Canvas Q327 in Nepal. Powered by a 1.2 GHz quad- core processor and 1GB RAM , the new Micromax smartphone runs on Android 5.1 Lollipop operating…
A special general meeting of Api Power Company Limited has approved the distribution of right shares to increase the capital of the hydroelectricity producer. The meeting has approved the proposal of distribution of right shares in the ratio of 1:2. With the increase in the capital, Api expects that it will become the country’s largest hydropower company within 5 years. The company has Rs 1 billion in paid-up…
Led by robust growth in India, South Asia shows resilience in the face of turbulent international markets and remains the fastest-growing region in the world, says a new World Bank report. According to South Asia Economic Focus, published twice-a-year, the region is likely to see its economic growth to gradually accelerate from 7.1 percent in 2016 to 7.3 percent in 2017. “The region’s economic performance prospects remain strong due limited exposure to global turbulence, coupled with increasing investment activity,” reads the…
April 11 : Prakash Singh Karki has been elected as the new President of Nepal Freight Forwarders Association (NEFFA). "The 16th Annual General Meeting (AGM) held in Kathmandu has elected 12 members executive committee under presidency of Karki," informs the association issuing a press statement.…
April 11: Agricultural Development Bank Limited (ADBL) has opened a new branch in Pharsatikar of Rupandehi district. CEO of the bank Lila Prakash Sitaula inaugurated the new branch office in a program organized on April 10.The program was organized in chairmanship of Arun Kumar Dhungana, Director of ADBL’s Bhairahawa Regional Office.…
April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th…
The Federation of Nepalese Chamber of Commerce (FNCCI) has suggested to the government to prepare common minimum economic agenda for the economic and industrial development of the country. On the occasion of the organization's golden jubilee, 50th annual general meeting and Industry Commerce Day, FNCCI…
April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year.…
April 11 : Chaudhary Foundation, the CSR arm of Chaudhary Group, has distributed homes to the earthquake victims of Jalbire in Sindhupalchowk district. The foundation handed over the homes to the affected people amid a program that was organized to distribute the 65 “transitional…
April 11 : Nepal Telecom (NTC) has announced to sell SIM cards with data package to the SLC appeared students starting from Monday, April 11. As per the offer, students can buy SIM cards having Rs 50 talk value and 300 MB data at Rs 90. According to NTC, the data can be used at 50 MB per month up to six months after the activation of the card.…
April 11 : CG Electronics has opened its new LG showrooms in Kathmandu valley. The company on April 8 inaugurated showroom named 'TV Point' in Thimi and 'LG House' in Gongabu.…
April 10: Chinese handset maker Huawei has launched Huawei Y6 Pro in Nepal. Available from today in the domestic market, the new Huawei smartphone carries a price tag of Rs. 22,499. “This sleek yet powerful device is a fine pick because of its high class performance, long-lasting battery and its simplicity with an edge,” says the company in a press statement.…
April 10: Pre-fabricated homes have become the centre of attraction for Nepalis in the recent months. These new homes are constructed mainly with metal or alloy and are considered earthquake and weather resistant.…
April 10: Entrepreneurs have demanded amendment in the existing Black Marketing Act. In a program organized by Nepal Chamber of Commerce (NCC) on Friday, they claimed that the Black Marketing and some other Social Crime and Punishment Act, 2032 have failed to give validity to open market economic status of the…
April 10: The government is planning to celebrate 2016/17 as ‘Domestic Tourism Year.’ “A cabinet level decision by the Ministry of Culture, Tourism and Civil Aviation (MoTCA) on April 8, decided to celebrate upcoming year as domestic tourism year,” informs the ministry Spokesperson Ghanshyam Upadhaya. According to him, Prime Minister KP Sharma Oli will declare the Domestic Tourism Year on April 24, the same date the major earthquake jolted Nepal last year. The ministry is making necessary preparations for the declaration of the program.…
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3311', 'article_category_id' => '1', 'title' => 'Micromax Launches Canvas Q327 ', 'sub_title' => '', 'summary' => 'April 12 : Indian handset manufacturer Micromax has launched new smartphone Canvas Q327 in Nepal. Powered by a 1.2 GHz quad- core processor and 1GB RAM , the new Micromax smartphone runs on Android 5.1 Lollipop operating system.', 'content' => '<p>April 12 : Indian handset manufacturer Micromax has launched new smartphone Canvas Q327 in Nepal. Powered by a 1.2 GHz quad- core processor and 1GB RAM , the new Micromax smartphone runs on Android 5.1 Lollipop operating system. Similarly, the phone sports a 4 inch WVGA screen, 5 MP primary camera and 1.3 MP rear camera. Canvas Q327 comes with a micro SD card slot which can be used to expand its storage upto 32 GB ,8 GB ROM and 1450 mAh battery. Q327 also supports 3G. The phone is priced Rs 6,193 in the domestic market.</p> <p> </p> ', 'published' => true, 'created' => '2016-04-12', 'modified' => '2016-04-14', 'keywords' => '', 'description' => '', 'sortorder' => '3149', 'image' => '20160412125631_fdsf.jpg', 'article_date' => '2016-04-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 1 => array( 'Article' => array( 'id' => '3310', 'article_category_id' => '1', 'title' => 'Api to Distribute Right Shares', 'sub_title' => '', 'summary' => 'A special general meeting of Api Power Company Limited has approved the distribution of right shares to increase the capital of the hydroelectricity producer. The meeting has approved the proposal of distribution of right shares in the ratio of 1:2. With the increase in the capital, Api expects that it will become the country’s largest hydropower company within 5 years. The company has Rs 1 billion in paid-up capital.', 'content' => '<p style="text-align:justify">April 11: Special general meeting of Api Power Company Limited has approved the distribution of right shares to increase the capital of the hydroelectricity producer. The meeting has approved the proposal of distribution of right shares in the ratio of 1:2. With the increase in the capital, Api expects that it will become the country’s largest hydropower company within 5 years. The company has Rs 1 billion in paid-up capital.</p> <p style="text-align:justify">The company has completed the construction of 8.5 MW <em>Naugarh</em> Gad <em>Small</em> Hydroelectric <em>Project</em>. The company in a press statement informed that the capital collected from the issuance of right shares will be utilise to construct a 75 MW hydropower project on Trishuli river.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-12', 'keywords' => '', 'description' => '', 'sortorder' => '3148', 'image' => '20160411060330_api.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 2 => array( 'Article' => array( 'id' => '3309', 'article_category_id' => '1', 'title' => 'WB Cautions South Asia on Fading Tailwinds', 'sub_title' => '', 'summary' => 'Led by robust growth in India, South Asia shows resilience in the face of turbulent international markets and remains the fastest-growing region in the world, says a new World Bank report. According to South Asia Economic Focus, published twice-a-year, the region is likely to see its economic growth to gradually accelerate from 7.1 percent in 2016 to 7.3 percent in 2017. “The region’s economic performance prospects remain strong due limited exposure to global turbulence, coupled with increasing investment activity,” reads the report.', 'content' => '<p style="text-align: justify;">Led by robust growth in India, South Asia shows resilience in the face of turbulent international markets and remains the fastest-growing region in the world, says a new World Bank report. According to South Asia Economic Focus, published twice-a-year, the region is likely to see its economic growth to gradually accelerate from 7.1 percent in 2016 to 7.3 percent in 2017. “The region’s economic performance prospects remain strong due limited exposure to global turbulence, coupled with increasing investment activity,” reads the report.</p> <p style="text-align: justify;">Nevertheless, the bank also cautions South Asian nation of fading tailwinds of the global economy. “Capital flows to the region have declined and remittances from oil exporting countries have started to weaken,” mentions the bank. “Fuel and food prices remain low but are unlikely to keep falling. As a result overall output growth is slower than previously anticipated and inflation has recently been creeping up.”</p> <p style="text-align: justify;">“South Asia has been resilient to global turbulence due to its limited exposure to slowdowns in other major economies coupled with the tailwinds of favorable oil prices, capital flows, and remittances,” said Annette Dixon, World Bank South Asia Vice President. “However, fiscal and financial vulnerabilities remain and countries should strive to address them through generating revenue and creating more fiscal space.”</p> <p style="text-align: justify;">Many South Asian countries show potential for accelerated growth in the short to medium term, according to the report. “However, they should expect a more difficult global environment demanding well-managed domestic economies,” says the report. Given its weight in the region, India sets the pace for South Asia as a whole. The bank forecasts economic activity of India to accelerate from 7.5 percent in FY2016 to 7.7 percent in FY2017 based on the expectation of strong private investment, a push in infrastructure spending, an improved investment climate, and deleveraged corporate and financial balance sheets. The bank estimates the Nepali economy to grow by 1.7 percent in 2016 compared to 3.4 percent in 2015. The lower growth prospect is attributed to the last year’s earthquake followed by cross-border trade disruptions, as per the bank. “Disruptions increased inflation to double digits, affecting the welfare of the poor and vulnerable, while reducing revenue collection and slowing reconstruction efforts,” the report mentions. Nevertheless, the bank expects the situation to normalised by the end of 2016, leading to strong rebound in 2017 with GDP expected to grow by 5.8 percent.</p> <p style="text-align: justify;">Similarly, the report forecasts Pakistan’s economic growth to accelerate modestly from 4.5 percent in 2016 to 4.8 percent in 2017 while Sri Lanka is expected to grow by 5.3 percent in both 2016 and 2017. The bank projects economic growth of Bangladesh to be 6.3 percent in 2016 and 6.8 percent in 2017 whereas, it forecasts Bhutan’s growth to be 6.7 percent in 2016 and 6.8 percent in 2017. Meanwhile, Maldives is expected to achieve GDP growth of 3.5 percent in 2016 and 3.9 percent in 2017. Likewise, the bank estimates Afghanistan’s growth to increase marginally from 1.9 percent in 2016 to 2.9 percent in 2017. </p> <p style="text-align: justify;">The report’s analysis of fiscal policy across the region suggests that governments need to find a balanced path towards fiscal consolidation. “Fiscal policy has a wide range of impacts for development. The fiscal deficit affects macroeconomic stability, capital expenditures are needed for growth, and taxes and social spending matter for equity,” said World Bank South Asia Chief Economist Martin Rama. “With the currently low oil prices, this is also an opportune time for South Asian policy makers to introduce or expand explicit carbon taxes. This would improve environmental and fiscal sustainability at the same time.”</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3147', 'image' => '20160411053100_flowchart.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 3 => array( 'Article' => array( 'id' => '3308', 'article_category_id' => '1', 'title' => 'Karki Elected New NEFFA President', 'sub_title' => '', 'summary' => 'April 11 : Prakash Singh Karki has been elected as the new President of Nepal Freight Forwarders Association (NEFFA). "The 16th Annual General Meeting (AGM) held in Kathmandu has elected 12 members executive committee under presidency of Karki," informs the association issuing a press statement. ', 'content' => '<p>April 11 : Prakash Singh Karki has been elected as the new President of Nepal Freight Forwarders Association (NEFFA). "The 16th Annual General Meeting (AGM) held in Kathmandu has elected 12 members executive committee under presidency of Karki," informs the association issuing a press statement. According to NEFFA, the executive committee also unanimously elected Manoj Adhikari as First Vice-President, Rajendra Sangraula as Second Vice-President, Sundar Prasad Dahal as Secretary General and Naresh Kumar Agrawal as Treasurer.</p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3146', 'image' => '20160411035454_Clipboard24.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 4 => array( 'Article' => array( 'id' => '3307', 'article_category_id' => '1', 'title' => 'New ADBL Branch in Rupandehi', 'sub_title' => '', 'summary' => 'April 11: Agricultural Development Bank Limited (ADBL) has opened a new branch in Pharsatikar of Rupandehi district. CEO of the bank Lila Prakash Sitaula inaugurated the new branch office in a program organized on April 10.The program was organized in chairmanship of Arun Kumar Dhungana, Director of ADBL’s Bhairahawa Regional Office. ', 'content' => '<p>April 11: Agricultural Development Bank Limited (ADBL) has opened a new branch in Pharsatikar of Rupandehi district. CEO of the bank Lila Prakash Sitaula inaugurated the new branch office in a program organized on April 10.The program was organized in chairmanship of Arun Kumar Dhungana, Director of ADBL’s Bhairahawa Regional Office. CEO Sitaula also launched the Core Banking System in various branches of Majhgawan and Sidharthanagaralong with the bank’s Western Regional Training Center.</p> <p>Speaking in the program, CEO Situala said, "With the history of 49 years operation, the bank aims to expand its service with modern banking system." According to him, the bank has invested 31 percent of its total investment in the agriculture sector. He had also mentioned that the new branches are focusing on increasing financial literacy of the customers.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3145', 'image' => '20160411031525_Clipboard14.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 5 => array( 'Article' => array( 'id' => '3306', 'article_category_id' => '1', 'title' => 'Kumari Bank’s Blood Donation Program', 'sub_title' => '', 'summary' => 'April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year.', 'content' => '<p>April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year. Around 62 participants including the bank’s Director Uttam Prasad Bhattarai, shareholders, customers and well-wishers were present during the ceremony. Similarly, the bank’s Chairman Santosh Kumar Lama honoured the blood donors with gifts. Founded in 2001, Kumari Bank has been providing its services through 36 branches, two extension counters and 46 ATM locations across the country.</p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3144', 'image' => '20160411030149_Clipboard13.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 6 => array( 'Article' => array( 'id' => '3305', 'article_category_id' => '1', 'title' => 'FNCCI Golden Jubilee 1966-2016 : Common Agenda for Economic Development: FNCCI', 'sub_title' => '', 'summary' => 'The Federation of Nepalese Chamber of Commerce (FNCCI) has suggested to the government to prepare common minimum economic agenda for the economic and industrial development of the country. On the occasion of the organization's golden jubilee, 50th annual general meeting and Industry Commerce Day, FNCCI ', 'content' => '<p>The Federation of Nepalese Chamber of Commerce (FNCCI) has suggested to the government to prepare common minimum economic agenda for the economic and industrial development of the country. On the occasion of the organization's golden jubilee, 50th annual general meeting and Industry Commerce Day, FNCCI President Pashupati Murarka requested the government to move ahead for the country’s economic development with common economic agenda while facing the existing challenges.</p> <p>Prime Minister KP Sharma Oli unveiled the federation’s golden jubilee logo and FNCCI mobile app which include all the information about the organisation. “Weak economic growth, less employment opportunities, increasing trade deficit, deepening energy crisis, unequal development, lack of infrastructures, rising social insecurity, weak administrative system are the main challenges for the economic development,” said Murarka, adding, “As soon as the government changes, the economic policies and bureaucracy also get changed which create obstacle in the development. We need to put an end to this system.”</p> <p>He said that, due to the political differences, construction of Kathmandu-Terai Fast Track road, regional and international airports, mega hydropower projects, major infrastructure projects and projects of national pride are not being implemented “The government and political parties need to assure that the policies would not be changed for at least 10-15 years, whichever party comes to the power.” </p> <p>Addressing the program, PM KP Sharma Oli said, “The political struggle has finished, and now it’s time for the economic development and prosperity.” The prime minister felicitated FNCCI’s staffs, member institutions and other affiliated organizations at the program. Similarly, Society of Economic Journalists-Nepal (SEJON) too was felicitated with cash prize and a letter of appreciation for its contribution in the field economic journalism. </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3143', 'image' => '20160411022843_Clipboard02.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 7 => array( 'Article' => array( 'id' => '3304', 'article_category_id' => '1', 'title' => 'Yeti Devt Bank Provides Scholarship ', 'sub_title' => '', 'summary' => 'April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year. ', 'content' => '<p>April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year. Around 62 participants including the bank’s Director Uttam Prasad Bhattarai, shareholders, customers and well-wishers were present during the ceremony. Similarly, the bank’s Chairman Santosh Kumar Lama honoured the blood donors with gifts. Founded in 2001, Kumari Bank has been providing its services through 36 branches, two extension counters and 46 ATM locations across the country.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3142', 'image' => '20160411022659_Clipboard12.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 8 => array( 'Article' => array( 'id' => '3302', 'article_category_id' => '1', 'title' => 'Chaudhary Foundation Provides Homes for Quake Victims', 'sub_title' => '', 'summary' => 'April 11 : Chaudhary Foundation, the CSR arm of Chaudhary Group, has distributed homes to the earthquake victims of Jalbire in Sindhupalchowk district. The foundation handed over the homes to the affected people amid a program that was organized to distribute the 65 “transitional homes.', 'content' => '<p>April 11 : Chaudhary Foundation, the CSR arm of Chaudhary Group, has distributed homes to the earthquake victims of Jalbire in Sindhupalchowk district. The foundation handed over the homes to the affected people amid a program that was organized to distribute the 65 “transitional homes.” Binod Chaudhary, President of the Chaudhary Foundation urged the government and concerned authorities to secure homes for earthquake victims before monsoon. “The government, private sector and donor agencies should concentrate on the management of minimum shelter for earthquake victims,” he said, adding, “Effective coordination is necessary for the purpose.” The shelters were built under the CG Shelter Project. The foundation has already constructed around 2,500 shelters till date.</p> <p>The foundation distributed the houses as per its commitment of building transitional homes. Earlier, it has distributed CG shelters in Bhimtaar of Sindhupalchowk, and Mahadevsthan and Dolalghat of Kavre. The foundation also informed that shelters will be handed to the earthquake affected in various areas of Sindhupalchowk, Ramechap, Dolkha, Gorkha, Dhadhing including other districts.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3140', 'image' => '20160411012059_Clipboard06.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 9 => array( 'Article' => array( 'id' => '3301', 'article_category_id' => '1', 'title' => 'NTC SIM Cards for SLC Appeared Students', 'sub_title' => '', 'summary' => 'April 11 : Nepal Telecom (NTC) has announced to sell SIM cards with data package to the SLC appeared students starting from Monday, April 11. As per the offer, students can buy SIM cards having Rs 50 talk value and 300 MB data at Rs 90. According to NTC, the data can be used at 50 MB per month up to six months after the activation of the card. ', 'content' => '<p>April 11 : Nepal Telecom (NTC) has announced to sell SIM cards with data package to the SLC appeared students starting from Monday, April 11. As per the offer, students can buy SIM cards having Rs 50 talk value and 300 MB data at Rs 90. According to NTC, the data can be used at 50 MB per month up to six months after the activation of the card. <br /> <br /> According to the telecom service provider, the offer has been introduced as mobile service has gained immense attraction from students and youths along with the growing use of internet facility through the mobility service. Under the scheme, student are required to present the photocopy of SLC entrance card, photocopy of their own or parent's citizenship or the photocopy of any identity certificate issued by the government. The scheme will be valid till July 15. </p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3139', 'image' => '20160411123527_Clipboard23.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 10 => array( 'Article' => array( 'id' => '3300', 'article_category_id' => '1', 'title' => 'New LG Showrooms at Thimi and Gongabu', 'sub_title' => '', 'summary' => 'April 11 : CG Electronics has opened its new LG showrooms in Kathmandu valley. The company on April 8 inaugurated showroom named 'TV Point' in Thimi and 'LG House' in Gongabu. ', 'content' => '<p>April 11 : CG Electronics has opened its new LG showrooms in Kathmandu valley. The company on April 8 inaugurated showroom named 'TV Point' in Thimi and 'LG House' in Gongabu.<br /> <br /> According to the company, the new outlets are aimed to uplift the level of retailing effective in the Nepali market. The company has offered special discounts and attractive gift hampers along with additional gifts through lucky draw for 15 days from the opening day of the showrooms. </p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3138', 'image' => '20160411123206_Clipboard10.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 11 => array( 'Article' => array( 'id' => '3299', 'article_category_id' => '1', 'title' => 'Huawei Y6Pro in the Market', 'sub_title' => '', 'summary' => 'April 10: Chinese handset maker Huawei has launched Huawei Y6 Pro in Nepal. Available from today in the domestic market, the new Huawei smartphone carries a price tag of Rs. 22,499. “This sleek yet powerful device is a fine pick because of its high class performance, long-lasting battery and its simplicity with an edge,” says the company in a press statement. ', 'content' => '<p style="text-align:justify">April 10: Chinese handset maker Huawei has launched Huawei Y6 Pro in Nepal. Available from today in the domestic market, the new Huawei smartphone carries a price tag of Rs. 22,499. “This sleek yet powerful device is a fine pick because of its high class performance, long-lasting battery and its simplicity with an edge,” says the company in a press statement. As per the company’s claim, Y6Pro is one of the only phones on the market that can last for days of heavy usage. “Its super-powerful battery also boasts and extremely quick charge time – just 10 minutes of charging from 0 percent battery delivers three hours of call time – and if that wasn’t enough, the device doubles as a portable charger, powering up devices and other phones on the go,” reads the statement.</p> <p style="text-align:justify">The phone is powered by a quad-core 64-bit processor and comes with 2GB RAM and 16GB internal memory. “Designed for the young, this trendy device is a perfect value for money kind of a product,” says the company. Similarly, Y6 Pro boasts a 4,000 mAh battery with a flash charge and also allows reverse charging. As claimed by the company, the handset’s battery can provide backup for standby time up to 416 hours.</p> <p style="text-align:justify">Y6 Pro sports a 5-inch HD IPS screen with NCVM plating and water wave curve design. “Its sparkling ripple grains combined with a screen is a treat to the eyes. This 8.5mm thin device that allows single hand control makes it definitely one of a kind,” says the company.</p> <p style="text-align:justify">The new Huawei smartphone has a 13MP primary camera and a 5MP secondary snapper.</p> <p style="text-align:justify">“Using the Y6 Pro, one can capture all the moments without compromising on the picture quality,” reads the statement, adding, “Its seven-piece lens has F2.0 aperture for high definition shots every time and a 5 MP front-facing camera, offering F2.2 aperture, a wide angle range and a high density sensor.” Similarly, a new feature for the Y-series range of smartphones, enables users to remove backlight to improve the quality of an image and let the real subject of the photo shine through - no more wasting time setting up shots - just shoot and move on, according to the company.</p> <p style="text-align:justify">The camera also features Action Shot mode with which users can take up to 10 pictures in one single shot. Meanwhile, other camera features of the phone include ultra-fast snapshot, panorama shot and auto face enhancement for various shooting modes including selfie.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3137', 'image' => '20160411112831_Clipboard19.jpg', 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3298', 'article_category_id' => '1', 'title' => 'Nepal Buildcon International Exhibition 2016', 'sub_title' => 'Pre-fab Homes Grab Visitors Attention', 'summary' => 'April 10: Pre-fabricated homes have become the centre of attraction for Nepalis in the recent months. These new homes are constructed mainly with metal or alloy and are considered earthquake and weather resistant. ', 'content' => '<p>April 10: Pre-fabricated homes have become the centre of attraction for Nepalis in the recent months. These new homes are constructed mainly with metal or alloy and are considered earthquake and weather resistant. The attraction of pre-fabricated homes can be seen in the ongoing ‘Nepal Buildcon International Exhibition 2016’ where visitors are crowding over the earthquake resistant home models and construction materials which are being showcased to help the post-earthquake reconstruction campaign.</p> <p>“More than 2,500 people have visited our stalls,” says Panchakanya Group Sales and Marketing Manager Er Shambhu Karna. The stall from Panchkanya Group has been showcasing earthquake resistant homes. Similarly, the company has introduced new construction materials, Panchakanya Structural Steel (PSS) in the market.</p> <p>“The number of people has increased to get information on pre-fabricated homes after the last year’s earthquake,” said Gorkha Eco Panel Promoter Prashant Kafle. “The demand for the new home type is also increasing,” he says. He informs that the company provides a 70 years warranty on pre-fabricated homes.</p> <p>“Construction of pre-fabricated home cost 10 percent cheaper than building RCC home,”mentions Nil Mani Sapkota, Executive Director of Himalayan Pre-fabricated.</p> <p> “Most of the visitors are taking information on pre-fabricated homes”, says Shrijal Bhattrai, Managing Director of Media Space Solution (MSS), the organizer of the exhibition. Apart from the earthquake resistant homes, Sagun Company’s fire resistant ply and United Concrete Company’s less weighted hollow cement block have become major attraction of the exhibition among others.</p> <p>In the exhibition, domestic and international pre-fabricated home companies are showcasing their products and services. According to the organizer, a total of 109 domestic and international stalls are exhibiting construction materials, equipments related to construction and wooden materials. The exhibition will continue till April 11.</p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3136', 'image' => '20160410060037_prefab.JPG', 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3297', 'article_category_id' => '1', 'title' => 'Entrepreneurs Demand Amendment in Black Marketing Act', 'sub_title' => '', 'summary' => 'April 10: Entrepreneurs have demanded amendment in the existing Black Marketing Act. In a program organized by Nepal Chamber of Commerce (NCC) on Friday, they claimed that the Black Marketing and some other Social Crime and Punishment Act, 2032 have failed to give validity to open market economic status of the country.', 'content' => '<p>April 10: Entrepreneurs have demanded amendment in the existing Black Marketing Act. In a program organized by Nepal Chamber of Commerce (NCC) on Friday, they claimed that the Black Marketing and some other Social Crime and Punishment Act, 2032 have failed to give validity to open market economic status of the country.</p> <p>Speaking at the programme, Rajesh Kaji Shrestha, Chairman of NCC accused administration of interfering in free trade with the use of the law. “Right now, entrepreneurs are afraid as they are being harassed for various reasons,” he said. Shrestha claimed that the administration has been unnecessarily interfering in the name of market inspection even though the entrepreneurs are providing quality services to the consumers amid various difficulties. “Price of goods and services are determined by the market in free market economy, thus interference by government is against the free market policy,” he urged.</p> <p>Similarly, Kamlesh Kumar Agrawal, General Secretary of NCC, said that the act has created problems as it was introduced 50 years ago and cannot understand the essence of current market trends. “The act introduced in extreme narrow and controlled time could not meet the necessities of free economic market,” he mentioned.</p> <p>Meanwhile, Home Secretary Narayan Gopal Malego, clarified that the government will never discourage businesses. “Due to a few wrongdoers, the market has been flourished with frauds, but good businessmen need not be fearful. If there is any fault in the existing act, it can be amended through the consensus of stakeholders,” he said. </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '3135', 'image' => '20160410054011_black.JPG', 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3296', 'article_category_id' => '1', 'title' => 'Govt to Commemorate 2016/17 as Domestic Tourism Year', 'sub_title' => '', 'summary' => 'April 10: The government is planning to celebrate 2016/17 as ‘Domestic Tourism Year.’ “A cabinet level decision by the Ministry of Culture, Tourism and Civil Aviation (MoTCA) on April 8, decided to celebrate upcoming year as domestic tourism year,” informs the ministry Spokesperson Ghanshyam Upadhaya. According to him, Prime Minister KP Sharma Oli will declare the Domestic Tourism Year on April 24, the same date the major earthquake jolted Nepal last year. The ministry is making necessary preparations for the declaration of the program. ', 'content' => '<p>April 10: The government is planning to celebrate 2016/17 as ‘Domestic Tourism Year.’ “A cabinet level decision by the Ministry of Culture, Tourism and Civil Aviation (MoTCA) on April 8, decided to celebrate upcoming year as domestic tourism year,” informs the ministry Spokesperson Ghanshyam Upadhaya. According to him, Prime Minister KP Sharma Oli will declare the Domestic Tourism Year on April 24, the same date the major earthquake jolted Nepal last year. The ministry is making necessary preparations for the declaration of the program. </p> <p>The Domestic Tourism Year will be celebrated aimed at the recovery of tourism industry which was badly affected by the last year’s devastating earthquake. “To inspire people to visit their own country, campaign like ‘ghumna jau hai Pokhara’ and similar campaigns in Chitwan, Lumbini, Rara will be started,” informs Deepak Raj Joshi, CEO of Nepal Tourism Board (NTB). “Due to the increase in the number of domestic tourists with higher levels of disposable incomes, the tourism sector will be largely supported by internal tourism that was down after the earthquake.”</p> <p>As per the decision, public, educational and private sector organizations are required to provide leisure holidays mandatorily to their staffs and students during the Domestic Tourism Year. Under this, educational institutions should manage to provide inspirational holidays on festivals, educational tours and seminars. Similarly, the destination management and tour operators should also include discount on their packages. “If any private organisation provides leisure holidays once in a year, it will help to increase domestic tourism,” opines MoTCA Spokesperson Upadhaya. </p> <p>Meanwhile for the success of the Domestic Tourism Year, the ministry is collaborating with the private sector to bring attractive discount packages. Celebrating for the first time, the Domestic Tourism Year will be campaign and coordinate by NTB. </p> <p> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '3134', 'image' => null, 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falseinclude - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3311', 'article_category_id' => '1', 'title' => 'Micromax Launches Canvas Q327 ', 'sub_title' => '', 'summary' => 'April 12 : Indian handset manufacturer Micromax has launched new smartphone Canvas Q327 in Nepal. Powered by a 1.2 GHz quad- core processor and 1GB RAM , the new Micromax smartphone runs on Android 5.1 Lollipop operating system.', 'content' => '<p>April 12 : Indian handset manufacturer Micromax has launched new smartphone Canvas Q327 in Nepal. Powered by a 1.2 GHz quad- core processor and 1GB RAM , the new Micromax smartphone runs on Android 5.1 Lollipop operating system. Similarly, the phone sports a 4 inch WVGA screen, 5 MP primary camera and 1.3 MP rear camera. Canvas Q327 comes with a micro SD card slot which can be used to expand its storage upto 32 GB ,8 GB ROM and 1450 mAh battery. Q327 also supports 3G. The phone is priced Rs 6,193 in the domestic market.</p> <p> </p> ', 'published' => true, 'created' => '2016-04-12', 'modified' => '2016-04-14', 'keywords' => '', 'description' => '', 'sortorder' => '3149', 'image' => '20160412125631_fdsf.jpg', 'article_date' => '2016-04-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 1 => array( 'Article' => array( 'id' => '3310', 'article_category_id' => '1', 'title' => 'Api to Distribute Right Shares', 'sub_title' => '', 'summary' => 'A special general meeting of Api Power Company Limited has approved the distribution of right shares to increase the capital of the hydroelectricity producer. The meeting has approved the proposal of distribution of right shares in the ratio of 1:2. With the increase in the capital, Api expects that it will become the country’s largest hydropower company within 5 years. The company has Rs 1 billion in paid-up capital.', 'content' => '<p style="text-align:justify">April 11: Special general meeting of Api Power Company Limited has approved the distribution of right shares to increase the capital of the hydroelectricity producer. The meeting has approved the proposal of distribution of right shares in the ratio of 1:2. With the increase in the capital, Api expects that it will become the country’s largest hydropower company within 5 years. The company has Rs 1 billion in paid-up capital.</p> <p style="text-align:justify">The company has completed the construction of 8.5 MW <em>Naugarh</em> Gad <em>Small</em> Hydroelectric <em>Project</em>. The company in a press statement informed that the capital collected from the issuance of right shares will be utilise to construct a 75 MW hydropower project on Trishuli river.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-12', 'keywords' => '', 'description' => '', 'sortorder' => '3148', 'image' => '20160411060330_api.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 2 => array( 'Article' => array( 'id' => '3309', 'article_category_id' => '1', 'title' => 'WB Cautions South Asia on Fading Tailwinds', 'sub_title' => '', 'summary' => 'Led by robust growth in India, South Asia shows resilience in the face of turbulent international markets and remains the fastest-growing region in the world, says a new World Bank report. According to South Asia Economic Focus, published twice-a-year, the region is likely to see its economic growth to gradually accelerate from 7.1 percent in 2016 to 7.3 percent in 2017. “The region’s economic performance prospects remain strong due limited exposure to global turbulence, coupled with increasing investment activity,” reads the report.', 'content' => '<p style="text-align: justify;">Led by robust growth in India, South Asia shows resilience in the face of turbulent international markets and remains the fastest-growing region in the world, says a new World Bank report. According to South Asia Economic Focus, published twice-a-year, the region is likely to see its economic growth to gradually accelerate from 7.1 percent in 2016 to 7.3 percent in 2017. “The region’s economic performance prospects remain strong due limited exposure to global turbulence, coupled with increasing investment activity,” reads the report.</p> <p style="text-align: justify;">Nevertheless, the bank also cautions South Asian nation of fading tailwinds of the global economy. “Capital flows to the region have declined and remittances from oil exporting countries have started to weaken,” mentions the bank. “Fuel and food prices remain low but are unlikely to keep falling. As a result overall output growth is slower than previously anticipated and inflation has recently been creeping up.”</p> <p style="text-align: justify;">“South Asia has been resilient to global turbulence due to its limited exposure to slowdowns in other major economies coupled with the tailwinds of favorable oil prices, capital flows, and remittances,” said Annette Dixon, World Bank South Asia Vice President. “However, fiscal and financial vulnerabilities remain and countries should strive to address them through generating revenue and creating more fiscal space.”</p> <p style="text-align: justify;">Many South Asian countries show potential for accelerated growth in the short to medium term, according to the report. “However, they should expect a more difficult global environment demanding well-managed domestic economies,” says the report. Given its weight in the region, India sets the pace for South Asia as a whole. The bank forecasts economic activity of India to accelerate from 7.5 percent in FY2016 to 7.7 percent in FY2017 based on the expectation of strong private investment, a push in infrastructure spending, an improved investment climate, and deleveraged corporate and financial balance sheets. The bank estimates the Nepali economy to grow by 1.7 percent in 2016 compared to 3.4 percent in 2015. The lower growth prospect is attributed to the last year’s earthquake followed by cross-border trade disruptions, as per the bank. “Disruptions increased inflation to double digits, affecting the welfare of the poor and vulnerable, while reducing revenue collection and slowing reconstruction efforts,” the report mentions. Nevertheless, the bank expects the situation to normalised by the end of 2016, leading to strong rebound in 2017 with GDP expected to grow by 5.8 percent.</p> <p style="text-align: justify;">Similarly, the report forecasts Pakistan’s economic growth to accelerate modestly from 4.5 percent in 2016 to 4.8 percent in 2017 while Sri Lanka is expected to grow by 5.3 percent in both 2016 and 2017. The bank projects economic growth of Bangladesh to be 6.3 percent in 2016 and 6.8 percent in 2017 whereas, it forecasts Bhutan’s growth to be 6.7 percent in 2016 and 6.8 percent in 2017. Meanwhile, Maldives is expected to achieve GDP growth of 3.5 percent in 2016 and 3.9 percent in 2017. Likewise, the bank estimates Afghanistan’s growth to increase marginally from 1.9 percent in 2016 to 2.9 percent in 2017. </p> <p style="text-align: justify;">The report’s analysis of fiscal policy across the region suggests that governments need to find a balanced path towards fiscal consolidation. “Fiscal policy has a wide range of impacts for development. The fiscal deficit affects macroeconomic stability, capital expenditures are needed for growth, and taxes and social spending matter for equity,” said World Bank South Asia Chief Economist Martin Rama. “With the currently low oil prices, this is also an opportune time for South Asian policy makers to introduce or expand explicit carbon taxes. This would improve environmental and fiscal sustainability at the same time.”</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3147', 'image' => '20160411053100_flowchart.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 3 => array( 'Article' => array( 'id' => '3308', 'article_category_id' => '1', 'title' => 'Karki Elected New NEFFA President', 'sub_title' => '', 'summary' => 'April 11 : Prakash Singh Karki has been elected as the new President of Nepal Freight Forwarders Association (NEFFA). "The 16th Annual General Meeting (AGM) held in Kathmandu has elected 12 members executive committee under presidency of Karki," informs the association issuing a press statement. ', 'content' => '<p>April 11 : Prakash Singh Karki has been elected as the new President of Nepal Freight Forwarders Association (NEFFA). "The 16th Annual General Meeting (AGM) held in Kathmandu has elected 12 members executive committee under presidency of Karki," informs the association issuing a press statement. According to NEFFA, the executive committee also unanimously elected Manoj Adhikari as First Vice-President, Rajendra Sangraula as Second Vice-President, Sundar Prasad Dahal as Secretary General and Naresh Kumar Agrawal as Treasurer.</p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3146', 'image' => '20160411035454_Clipboard24.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 4 => array( 'Article' => array( 'id' => '3307', 'article_category_id' => '1', 'title' => 'New ADBL Branch in Rupandehi', 'sub_title' => '', 'summary' => 'April 11: Agricultural Development Bank Limited (ADBL) has opened a new branch in Pharsatikar of Rupandehi district. CEO of the bank Lila Prakash Sitaula inaugurated the new branch office in a program organized on April 10.The program was organized in chairmanship of Arun Kumar Dhungana, Director of ADBL’s Bhairahawa Regional Office. ', 'content' => '<p>April 11: Agricultural Development Bank Limited (ADBL) has opened a new branch in Pharsatikar of Rupandehi district. CEO of the bank Lila Prakash Sitaula inaugurated the new branch office in a program organized on April 10.The program was organized in chairmanship of Arun Kumar Dhungana, Director of ADBL’s Bhairahawa Regional Office. CEO Sitaula also launched the Core Banking System in various branches of Majhgawan and Sidharthanagaralong with the bank’s Western Regional Training Center.</p> <p>Speaking in the program, CEO Situala said, "With the history of 49 years operation, the bank aims to expand its service with modern banking system." According to him, the bank has invested 31 percent of its total investment in the agriculture sector. He had also mentioned that the new branches are focusing on increasing financial literacy of the customers.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3145', 'image' => '20160411031525_Clipboard14.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 5 => array( 'Article' => array( 'id' => '3306', 'article_category_id' => '1', 'title' => 'Kumari Bank’s Blood Donation Program', 'sub_title' => '', 'summary' => 'April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year.', 'content' => '<p>April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year. Around 62 participants including the bank’s Director Uttam Prasad Bhattarai, shareholders, customers and well-wishers were present during the ceremony. Similarly, the bank’s Chairman Santosh Kumar Lama honoured the blood donors with gifts. Founded in 2001, Kumari Bank has been providing its services through 36 branches, two extension counters and 46 ATM locations across the country.</p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3144', 'image' => '20160411030149_Clipboard13.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 6 => array( 'Article' => array( 'id' => '3305', 'article_category_id' => '1', 'title' => 'FNCCI Golden Jubilee 1966-2016 : Common Agenda for Economic Development: FNCCI', 'sub_title' => '', 'summary' => 'The Federation of Nepalese Chamber of Commerce (FNCCI) has suggested to the government to prepare common minimum economic agenda for the economic and industrial development of the country. On the occasion of the organization's golden jubilee, 50th annual general meeting and Industry Commerce Day, FNCCI ', 'content' => '<p>The Federation of Nepalese Chamber of Commerce (FNCCI) has suggested to the government to prepare common minimum economic agenda for the economic and industrial development of the country. On the occasion of the organization's golden jubilee, 50th annual general meeting and Industry Commerce Day, FNCCI President Pashupati Murarka requested the government to move ahead for the country’s economic development with common economic agenda while facing the existing challenges.</p> <p>Prime Minister KP Sharma Oli unveiled the federation’s golden jubilee logo and FNCCI mobile app which include all the information about the organisation. “Weak economic growth, less employment opportunities, increasing trade deficit, deepening energy crisis, unequal development, lack of infrastructures, rising social insecurity, weak administrative system are the main challenges for the economic development,” said Murarka, adding, “As soon as the government changes, the economic policies and bureaucracy also get changed which create obstacle in the development. We need to put an end to this system.”</p> <p>He said that, due to the political differences, construction of Kathmandu-Terai Fast Track road, regional and international airports, mega hydropower projects, major infrastructure projects and projects of national pride are not being implemented “The government and political parties need to assure that the policies would not be changed for at least 10-15 years, whichever party comes to the power.” </p> <p>Addressing the program, PM KP Sharma Oli said, “The political struggle has finished, and now it’s time for the economic development and prosperity.” The prime minister felicitated FNCCI’s staffs, member institutions and other affiliated organizations at the program. Similarly, Society of Economic Journalists-Nepal (SEJON) too was felicitated with cash prize and a letter of appreciation for its contribution in the field economic journalism. </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3143', 'image' => '20160411022843_Clipboard02.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 7 => array( 'Article' => array( 'id' => '3304', 'article_category_id' => '1', 'title' => 'Yeti Devt Bank Provides Scholarship ', 'sub_title' => '', 'summary' => 'April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year. ', 'content' => '<p>April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year. Around 62 participants including the bank’s Director Uttam Prasad Bhattarai, shareholders, customers and well-wishers were present during the ceremony. Similarly, the bank’s Chairman Santosh Kumar Lama honoured the blood donors with gifts. Founded in 2001, Kumari Bank has been providing its services through 36 branches, two extension counters and 46 ATM locations across the country.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3142', 'image' => '20160411022659_Clipboard12.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 8 => array( 'Article' => array( 'id' => '3302', 'article_category_id' => '1', 'title' => 'Chaudhary Foundation Provides Homes for Quake Victims', 'sub_title' => '', 'summary' => 'April 11 : Chaudhary Foundation, the CSR arm of Chaudhary Group, has distributed homes to the earthquake victims of Jalbire in Sindhupalchowk district. The foundation handed over the homes to the affected people amid a program that was organized to distribute the 65 “transitional homes.', 'content' => '<p>April 11 : Chaudhary Foundation, the CSR arm of Chaudhary Group, has distributed homes to the earthquake victims of Jalbire in Sindhupalchowk district. The foundation handed over the homes to the affected people amid a program that was organized to distribute the 65 “transitional homes.” Binod Chaudhary, President of the Chaudhary Foundation urged the government and concerned authorities to secure homes for earthquake victims before monsoon. “The government, private sector and donor agencies should concentrate on the management of minimum shelter for earthquake victims,” he said, adding, “Effective coordination is necessary for the purpose.” The shelters were built under the CG Shelter Project. The foundation has already constructed around 2,500 shelters till date.</p> <p>The foundation distributed the houses as per its commitment of building transitional homes. Earlier, it has distributed CG shelters in Bhimtaar of Sindhupalchowk, and Mahadevsthan and Dolalghat of Kavre. The foundation also informed that shelters will be handed to the earthquake affected in various areas of Sindhupalchowk, Ramechap, Dolkha, Gorkha, Dhadhing including other districts.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3140', 'image' => '20160411012059_Clipboard06.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 9 => array( 'Article' => array( 'id' => '3301', 'article_category_id' => '1', 'title' => 'NTC SIM Cards for SLC Appeared Students', 'sub_title' => '', 'summary' => 'April 11 : Nepal Telecom (NTC) has announced to sell SIM cards with data package to the SLC appeared students starting from Monday, April 11. As per the offer, students can buy SIM cards having Rs 50 talk value and 300 MB data at Rs 90. According to NTC, the data can be used at 50 MB per month up to six months after the activation of the card. ', 'content' => '<p>April 11 : Nepal Telecom (NTC) has announced to sell SIM cards with data package to the SLC appeared students starting from Monday, April 11. As per the offer, students can buy SIM cards having Rs 50 talk value and 300 MB data at Rs 90. According to NTC, the data can be used at 50 MB per month up to six months after the activation of the card. <br /> <br /> According to the telecom service provider, the offer has been introduced as mobile service has gained immense attraction from students and youths along with the growing use of internet facility through the mobility service. Under the scheme, student are required to present the photocopy of SLC entrance card, photocopy of their own or parent's citizenship or the photocopy of any identity certificate issued by the government. The scheme will be valid till July 15. </p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3139', 'image' => '20160411123527_Clipboard23.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 10 => array( 'Article' => array( 'id' => '3300', 'article_category_id' => '1', 'title' => 'New LG Showrooms at Thimi and Gongabu', 'sub_title' => '', 'summary' => 'April 11 : CG Electronics has opened its new LG showrooms in Kathmandu valley. The company on April 8 inaugurated showroom named 'TV Point' in Thimi and 'LG House' in Gongabu. ', 'content' => '<p>April 11 : CG Electronics has opened its new LG showrooms in Kathmandu valley. The company on April 8 inaugurated showroom named 'TV Point' in Thimi and 'LG House' in Gongabu.<br /> <br /> According to the company, the new outlets are aimed to uplift the level of retailing effective in the Nepali market. The company has offered special discounts and attractive gift hampers along with additional gifts through lucky draw for 15 days from the opening day of the showrooms. </p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3138', 'image' => '20160411123206_Clipboard10.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 11 => array( 'Article' => array( 'id' => '3299', 'article_category_id' => '1', 'title' => 'Huawei Y6Pro in the Market', 'sub_title' => '', 'summary' => 'April 10: Chinese handset maker Huawei has launched Huawei Y6 Pro in Nepal. Available from today in the domestic market, the new Huawei smartphone carries a price tag of Rs. 22,499. “This sleek yet powerful device is a fine pick because of its high class performance, long-lasting battery and its simplicity with an edge,” says the company in a press statement. ', 'content' => '<p style="text-align:justify">April 10: Chinese handset maker Huawei has launched Huawei Y6 Pro in Nepal. Available from today in the domestic market, the new Huawei smartphone carries a price tag of Rs. 22,499. “This sleek yet powerful device is a fine pick because of its high class performance, long-lasting battery and its simplicity with an edge,” says the company in a press statement. As per the company’s claim, Y6Pro is one of the only phones on the market that can last for days of heavy usage. “Its super-powerful battery also boasts and extremely quick charge time – just 10 minutes of charging from 0 percent battery delivers three hours of call time – and if that wasn’t enough, the device doubles as a portable charger, powering up devices and other phones on the go,” reads the statement.</p> <p style="text-align:justify">The phone is powered by a quad-core 64-bit processor and comes with 2GB RAM and 16GB internal memory. “Designed for the young, this trendy device is a perfect value for money kind of a product,” says the company. Similarly, Y6 Pro boasts a 4,000 mAh battery with a flash charge and also allows reverse charging. As claimed by the company, the handset’s battery can provide backup for standby time up to 416 hours.</p> <p style="text-align:justify">Y6 Pro sports a 5-inch HD IPS screen with NCVM plating and water wave curve design. “Its sparkling ripple grains combined with a screen is a treat to the eyes. This 8.5mm thin device that allows single hand control makes it definitely one of a kind,” says the company.</p> <p style="text-align:justify">The new Huawei smartphone has a 13MP primary camera and a 5MP secondary snapper.</p> <p style="text-align:justify">“Using the Y6 Pro, one can capture all the moments without compromising on the picture quality,” reads the statement, adding, “Its seven-piece lens has F2.0 aperture for high definition shots every time and a 5 MP front-facing camera, offering F2.2 aperture, a wide angle range and a high density sensor.” Similarly, a new feature for the Y-series range of smartphones, enables users to remove backlight to improve the quality of an image and let the real subject of the photo shine through - no more wasting time setting up shots - just shoot and move on, according to the company.</p> <p style="text-align:justify">The camera also features Action Shot mode with which users can take up to 10 pictures in one single shot. Meanwhile, other camera features of the phone include ultra-fast snapshot, panorama shot and auto face enhancement for various shooting modes including selfie.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3137', 'image' => '20160411112831_Clipboard19.jpg', 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3298', 'article_category_id' => '1', 'title' => 'Nepal Buildcon International Exhibition 2016', 'sub_title' => 'Pre-fab Homes Grab Visitors Attention', 'summary' => 'April 10: Pre-fabricated homes have become the centre of attraction for Nepalis in the recent months. These new homes are constructed mainly with metal or alloy and are considered earthquake and weather resistant. ', 'content' => '<p>April 10: Pre-fabricated homes have become the centre of attraction for Nepalis in the recent months. These new homes are constructed mainly with metal or alloy and are considered earthquake and weather resistant. The attraction of pre-fabricated homes can be seen in the ongoing ‘Nepal Buildcon International Exhibition 2016’ where visitors are crowding over the earthquake resistant home models and construction materials which are being showcased to help the post-earthquake reconstruction campaign.</p> <p>“More than 2,500 people have visited our stalls,” says Panchakanya Group Sales and Marketing Manager Er Shambhu Karna. The stall from Panchkanya Group has been showcasing earthquake resistant homes. Similarly, the company has introduced new construction materials, Panchakanya Structural Steel (PSS) in the market.</p> <p>“The number of people has increased to get information on pre-fabricated homes after the last year’s earthquake,” said Gorkha Eco Panel Promoter Prashant Kafle. “The demand for the new home type is also increasing,” he says. He informs that the company provides a 70 years warranty on pre-fabricated homes.</p> <p>“Construction of pre-fabricated home cost 10 percent cheaper than building RCC home,”mentions Nil Mani Sapkota, Executive Director of Himalayan Pre-fabricated.</p> <p> “Most of the visitors are taking information on pre-fabricated homes”, says Shrijal Bhattrai, Managing Director of Media Space Solution (MSS), the organizer of the exhibition. Apart from the earthquake resistant homes, Sagun Company’s fire resistant ply and United Concrete Company’s less weighted hollow cement block have become major attraction of the exhibition among others.</p> <p>In the exhibition, domestic and international pre-fabricated home companies are showcasing their products and services. According to the organizer, a total of 109 domestic and international stalls are exhibiting construction materials, equipments related to construction and wooden materials. The exhibition will continue till April 11.</p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3136', 'image' => '20160410060037_prefab.JPG', 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3297', 'article_category_id' => '1', 'title' => 'Entrepreneurs Demand Amendment in Black Marketing Act', 'sub_title' => '', 'summary' => 'April 10: Entrepreneurs have demanded amendment in the existing Black Marketing Act. In a program organized by Nepal Chamber of Commerce (NCC) on Friday, they claimed that the Black Marketing and some other Social Crime and Punishment Act, 2032 have failed to give validity to open market economic status of the country.', 'content' => '<p>April 10: Entrepreneurs have demanded amendment in the existing Black Marketing Act. In a program organized by Nepal Chamber of Commerce (NCC) on Friday, they claimed that the Black Marketing and some other Social Crime and Punishment Act, 2032 have failed to give validity to open market economic status of the country.</p> <p>Speaking at the programme, Rajesh Kaji Shrestha, Chairman of NCC accused administration of interfering in free trade with the use of the law. “Right now, entrepreneurs are afraid as they are being harassed for various reasons,” he said. Shrestha claimed that the administration has been unnecessarily interfering in the name of market inspection even though the entrepreneurs are providing quality services to the consumers amid various difficulties. “Price of goods and services are determined by the market in free market economy, thus interference by government is against the free market policy,” he urged.</p> <p>Similarly, Kamlesh Kumar Agrawal, General Secretary of NCC, said that the act has created problems as it was introduced 50 years ago and cannot understand the essence of current market trends. “The act introduced in extreme narrow and controlled time could not meet the necessities of free economic market,” he mentioned.</p> <p>Meanwhile, Home Secretary Narayan Gopal Malego, clarified that the government will never discourage businesses. “Due to a few wrongdoers, the market has been flourished with frauds, but good businessmen need not be fearful. If there is any fault in the existing act, it can be amended through the consensus of stakeholders,” he said. </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '3135', 'image' => '20160410054011_black.JPG', 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3296', 'article_category_id' => '1', 'title' => 'Govt to Commemorate 2016/17 as Domestic Tourism Year', 'sub_title' => '', 'summary' => 'April 10: The government is planning to celebrate 2016/17 as ‘Domestic Tourism Year.’ “A cabinet level decision by the Ministry of Culture, Tourism and Civil Aviation (MoTCA) on April 8, decided to celebrate upcoming year as domestic tourism year,” informs the ministry Spokesperson Ghanshyam Upadhaya. According to him, Prime Minister KP Sharma Oli will declare the Domestic Tourism Year on April 24, the same date the major earthquake jolted Nepal last year. The ministry is making necessary preparations for the declaration of the program. ', 'content' => '<p>April 10: The government is planning to celebrate 2016/17 as ‘Domestic Tourism Year.’ “A cabinet level decision by the Ministry of Culture, Tourism and Civil Aviation (MoTCA) on April 8, decided to celebrate upcoming year as domestic tourism year,” informs the ministry Spokesperson Ghanshyam Upadhaya. According to him, Prime Minister KP Sharma Oli will declare the Domestic Tourism Year on April 24, the same date the major earthquake jolted Nepal last year. The ministry is making necessary preparations for the declaration of the program. </p> <p>The Domestic Tourism Year will be celebrated aimed at the recovery of tourism industry which was badly affected by the last year’s devastating earthquake. “To inspire people to visit their own country, campaign like ‘ghumna jau hai Pokhara’ and similar campaigns in Chitwan, Lumbini, Rara will be started,” informs Deepak Raj Joshi, CEO of Nepal Tourism Board (NTB). “Due to the increase in the number of domestic tourists with higher levels of disposable incomes, the tourism sector will be largely supported by internal tourism that was down after the earthquake.”</p> <p>As per the decision, public, educational and private sector organizations are required to provide leisure holidays mandatorily to their staffs and students during the Domestic Tourism Year. Under this, educational institutions should manage to provide inspirational holidays on festivals, educational tours and seminars. Similarly, the destination management and tour operators should also include discount on their packages. “If any private organisation provides leisure holidays once in a year, it will help to increase domestic tourism,” opines MoTCA Spokesperson Upadhaya. </p> <p>Meanwhile for the success of the Domestic Tourism Year, the ministry is collaborating with the private sector to bring attractive discount packages. Celebrating for the first time, the Domestic Tourism Year will be campaign and coordinate by NTB. </p> <p> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '3134', 'image' => null, 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 60 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3311', 'article_category_id' => '1', 'title' => 'Micromax Launches Canvas Q327 ', 'sub_title' => '', 'summary' => 'April 12 : Indian handset manufacturer Micromax has launched new smartphone Canvas Q327 in Nepal. Powered by a 1.2 GHz quad- core processor and 1GB RAM , the new Micromax smartphone runs on Android 5.1 Lollipop operating system.', 'content' => '<p>April 12 : Indian handset manufacturer Micromax has launched new smartphone Canvas Q327 in Nepal. Powered by a 1.2 GHz quad- core processor and 1GB RAM , the new Micromax smartphone runs on Android 5.1 Lollipop operating system. Similarly, the phone sports a 4 inch WVGA screen, 5 MP primary camera and 1.3 MP rear camera. Canvas Q327 comes with a micro SD card slot which can be used to expand its storage upto 32 GB ,8 GB ROM and 1450 mAh battery. Q327 also supports 3G. The phone is priced Rs 6,193 in the domestic market.</p> <p> </p> ', 'published' => true, 'created' => '2016-04-12', 'modified' => '2016-04-14', 'keywords' => '', 'description' => '', 'sortorder' => '3149', 'image' => '20160412125631_fdsf.jpg', 'article_date' => '2016-04-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 1 => array( 'Article' => array( 'id' => '3310', 'article_category_id' => '1', 'title' => 'Api to Distribute Right Shares', 'sub_title' => '', 'summary' => 'A special general meeting of Api Power Company Limited has approved the distribution of right shares to increase the capital of the hydroelectricity producer. The meeting has approved the proposal of distribution of right shares in the ratio of 1:2. With the increase in the capital, Api expects that it will become the country’s largest hydropower company within 5 years. The company has Rs 1 billion in paid-up capital.', 'content' => '<p style="text-align:justify">April 11: Special general meeting of Api Power Company Limited has approved the distribution of right shares to increase the capital of the hydroelectricity producer. The meeting has approved the proposal of distribution of right shares in the ratio of 1:2. With the increase in the capital, Api expects that it will become the country’s largest hydropower company within 5 years. The company has Rs 1 billion in paid-up capital.</p> <p style="text-align:justify">The company has completed the construction of 8.5 MW <em>Naugarh</em> Gad <em>Small</em> Hydroelectric <em>Project</em>. The company in a press statement informed that the capital collected from the issuance of right shares will be utilise to construct a 75 MW hydropower project on Trishuli river.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-12', 'keywords' => '', 'description' => '', 'sortorder' => '3148', 'image' => '20160411060330_api.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 2 => array( 'Article' => array( 'id' => '3309', 'article_category_id' => '1', 'title' => 'WB Cautions South Asia on Fading Tailwinds', 'sub_title' => '', 'summary' => 'Led by robust growth in India, South Asia shows resilience in the face of turbulent international markets and remains the fastest-growing region in the world, says a new World Bank report. According to South Asia Economic Focus, published twice-a-year, the region is likely to see its economic growth to gradually accelerate from 7.1 percent in 2016 to 7.3 percent in 2017. “The region’s economic performance prospects remain strong due limited exposure to global turbulence, coupled with increasing investment activity,” reads the report.', 'content' => '<p style="text-align: justify;">Led by robust growth in India, South Asia shows resilience in the face of turbulent international markets and remains the fastest-growing region in the world, says a new World Bank report. According to South Asia Economic Focus, published twice-a-year, the region is likely to see its economic growth to gradually accelerate from 7.1 percent in 2016 to 7.3 percent in 2017. “The region’s economic performance prospects remain strong due limited exposure to global turbulence, coupled with increasing investment activity,” reads the report.</p> <p style="text-align: justify;">Nevertheless, the bank also cautions South Asian nation of fading tailwinds of the global economy. “Capital flows to the region have declined and remittances from oil exporting countries have started to weaken,” mentions the bank. “Fuel and food prices remain low but are unlikely to keep falling. As a result overall output growth is slower than previously anticipated and inflation has recently been creeping up.”</p> <p style="text-align: justify;">“South Asia has been resilient to global turbulence due to its limited exposure to slowdowns in other major economies coupled with the tailwinds of favorable oil prices, capital flows, and remittances,” said Annette Dixon, World Bank South Asia Vice President. “However, fiscal and financial vulnerabilities remain and countries should strive to address them through generating revenue and creating more fiscal space.”</p> <p style="text-align: justify;">Many South Asian countries show potential for accelerated growth in the short to medium term, according to the report. “However, they should expect a more difficult global environment demanding well-managed domestic economies,” says the report. Given its weight in the region, India sets the pace for South Asia as a whole. The bank forecasts economic activity of India to accelerate from 7.5 percent in FY2016 to 7.7 percent in FY2017 based on the expectation of strong private investment, a push in infrastructure spending, an improved investment climate, and deleveraged corporate and financial balance sheets. The bank estimates the Nepali economy to grow by 1.7 percent in 2016 compared to 3.4 percent in 2015. The lower growth prospect is attributed to the last year’s earthquake followed by cross-border trade disruptions, as per the bank. “Disruptions increased inflation to double digits, affecting the welfare of the poor and vulnerable, while reducing revenue collection and slowing reconstruction efforts,” the report mentions. Nevertheless, the bank expects the situation to normalised by the end of 2016, leading to strong rebound in 2017 with GDP expected to grow by 5.8 percent.</p> <p style="text-align: justify;">Similarly, the report forecasts Pakistan’s economic growth to accelerate modestly from 4.5 percent in 2016 to 4.8 percent in 2017 while Sri Lanka is expected to grow by 5.3 percent in both 2016 and 2017. The bank projects economic growth of Bangladesh to be 6.3 percent in 2016 and 6.8 percent in 2017 whereas, it forecasts Bhutan’s growth to be 6.7 percent in 2016 and 6.8 percent in 2017. Meanwhile, Maldives is expected to achieve GDP growth of 3.5 percent in 2016 and 3.9 percent in 2017. Likewise, the bank estimates Afghanistan’s growth to increase marginally from 1.9 percent in 2016 to 2.9 percent in 2017. </p> <p style="text-align: justify;">The report’s analysis of fiscal policy across the region suggests that governments need to find a balanced path towards fiscal consolidation. “Fiscal policy has a wide range of impacts for development. The fiscal deficit affects macroeconomic stability, capital expenditures are needed for growth, and taxes and social spending matter for equity,” said World Bank South Asia Chief Economist Martin Rama. “With the currently low oil prices, this is also an opportune time for South Asian policy makers to introduce or expand explicit carbon taxes. This would improve environmental and fiscal sustainability at the same time.”</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3147', 'image' => '20160411053100_flowchart.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 3 => array( 'Article' => array( 'id' => '3308', 'article_category_id' => '1', 'title' => 'Karki Elected New NEFFA President', 'sub_title' => '', 'summary' => 'April 11 : Prakash Singh Karki has been elected as the new President of Nepal Freight Forwarders Association (NEFFA). "The 16th Annual General Meeting (AGM) held in Kathmandu has elected 12 members executive committee under presidency of Karki," informs the association issuing a press statement. ', 'content' => '<p>April 11 : Prakash Singh Karki has been elected as the new President of Nepal Freight Forwarders Association (NEFFA). "The 16th Annual General Meeting (AGM) held in Kathmandu has elected 12 members executive committee under presidency of Karki," informs the association issuing a press statement. According to NEFFA, the executive committee also unanimously elected Manoj Adhikari as First Vice-President, Rajendra Sangraula as Second Vice-President, Sundar Prasad Dahal as Secretary General and Naresh Kumar Agrawal as Treasurer.</p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3146', 'image' => '20160411035454_Clipboard24.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 4 => array( 'Article' => array( 'id' => '3307', 'article_category_id' => '1', 'title' => 'New ADBL Branch in Rupandehi', 'sub_title' => '', 'summary' => 'April 11: Agricultural Development Bank Limited (ADBL) has opened a new branch in Pharsatikar of Rupandehi district. CEO of the bank Lila Prakash Sitaula inaugurated the new branch office in a program organized on April 10.The program was organized in chairmanship of Arun Kumar Dhungana, Director of ADBL’s Bhairahawa Regional Office. ', 'content' => '<p>April 11: Agricultural Development Bank Limited (ADBL) has opened a new branch in Pharsatikar of Rupandehi district. CEO of the bank Lila Prakash Sitaula inaugurated the new branch office in a program organized on April 10.The program was organized in chairmanship of Arun Kumar Dhungana, Director of ADBL’s Bhairahawa Regional Office. CEO Sitaula also launched the Core Banking System in various branches of Majhgawan and Sidharthanagaralong with the bank’s Western Regional Training Center.</p> <p>Speaking in the program, CEO Situala said, "With the history of 49 years operation, the bank aims to expand its service with modern banking system." According to him, the bank has invested 31 percent of its total investment in the agriculture sector. He had also mentioned that the new branches are focusing on increasing financial literacy of the customers.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3145', 'image' => '20160411031525_Clipboard14.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 5 => array( 'Article' => array( 'id' => '3306', 'article_category_id' => '1', 'title' => 'Kumari Bank’s Blood Donation Program', 'sub_title' => '', 'summary' => 'April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year.', 'content' => '<p>April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year. Around 62 participants including the bank’s Director Uttam Prasad Bhattarai, shareholders, customers and well-wishers were present during the ceremony. Similarly, the bank’s Chairman Santosh Kumar Lama honoured the blood donors with gifts. Founded in 2001, Kumari Bank has been providing its services through 36 branches, two extension counters and 46 ATM locations across the country.</p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3144', 'image' => '20160411030149_Clipboard13.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 6 => array( 'Article' => array( 'id' => '3305', 'article_category_id' => '1', 'title' => 'FNCCI Golden Jubilee 1966-2016 : Common Agenda for Economic Development: FNCCI', 'sub_title' => '', 'summary' => 'The Federation of Nepalese Chamber of Commerce (FNCCI) has suggested to the government to prepare common minimum economic agenda for the economic and industrial development of the country. On the occasion of the organization's golden jubilee, 50th annual general meeting and Industry Commerce Day, FNCCI ', 'content' => '<p>The Federation of Nepalese Chamber of Commerce (FNCCI) has suggested to the government to prepare common minimum economic agenda for the economic and industrial development of the country. On the occasion of the organization's golden jubilee, 50th annual general meeting and Industry Commerce Day, FNCCI President Pashupati Murarka requested the government to move ahead for the country’s economic development with common economic agenda while facing the existing challenges.</p> <p>Prime Minister KP Sharma Oli unveiled the federation’s golden jubilee logo and FNCCI mobile app which include all the information about the organisation. “Weak economic growth, less employment opportunities, increasing trade deficit, deepening energy crisis, unequal development, lack of infrastructures, rising social insecurity, weak administrative system are the main challenges for the economic development,” said Murarka, adding, “As soon as the government changes, the economic policies and bureaucracy also get changed which create obstacle in the development. We need to put an end to this system.”</p> <p>He said that, due to the political differences, construction of Kathmandu-Terai Fast Track road, regional and international airports, mega hydropower projects, major infrastructure projects and projects of national pride are not being implemented “The government and political parties need to assure that the policies would not be changed for at least 10-15 years, whichever party comes to the power.” </p> <p>Addressing the program, PM KP Sharma Oli said, “The political struggle has finished, and now it’s time for the economic development and prosperity.” The prime minister felicitated FNCCI’s staffs, member institutions and other affiliated organizations at the program. Similarly, Society of Economic Journalists-Nepal (SEJON) too was felicitated with cash prize and a letter of appreciation for its contribution in the field economic journalism. </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3143', 'image' => '20160411022843_Clipboard02.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 7 => array( 'Article' => array( 'id' => '3304', 'article_category_id' => '1', 'title' => 'Yeti Devt Bank Provides Scholarship ', 'sub_title' => '', 'summary' => 'April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year. ', 'content' => '<p>April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year. Around 62 participants including the bank’s Director Uttam Prasad Bhattarai, shareholders, customers and well-wishers were present during the ceremony. Similarly, the bank’s Chairman Santosh Kumar Lama honoured the blood donors with gifts. Founded in 2001, Kumari Bank has been providing its services through 36 branches, two extension counters and 46 ATM locations across the country.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3142', 'image' => '20160411022659_Clipboard12.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 8 => array( 'Article' => array( 'id' => '3302', 'article_category_id' => '1', 'title' => 'Chaudhary Foundation Provides Homes for Quake Victims', 'sub_title' => '', 'summary' => 'April 11 : Chaudhary Foundation, the CSR arm of Chaudhary Group, has distributed homes to the earthquake victims of Jalbire in Sindhupalchowk district. The foundation handed over the homes to the affected people amid a program that was organized to distribute the 65 “transitional homes.', 'content' => '<p>April 11 : Chaudhary Foundation, the CSR arm of Chaudhary Group, has distributed homes to the earthquake victims of Jalbire in Sindhupalchowk district. The foundation handed over the homes to the affected people amid a program that was organized to distribute the 65 “transitional homes.” Binod Chaudhary, President of the Chaudhary Foundation urged the government and concerned authorities to secure homes for earthquake victims before monsoon. “The government, private sector and donor agencies should concentrate on the management of minimum shelter for earthquake victims,” he said, adding, “Effective coordination is necessary for the purpose.” The shelters were built under the CG Shelter Project. The foundation has already constructed around 2,500 shelters till date.</p> <p>The foundation distributed the houses as per its commitment of building transitional homes. Earlier, it has distributed CG shelters in Bhimtaar of Sindhupalchowk, and Mahadevsthan and Dolalghat of Kavre. The foundation also informed that shelters will be handed to the earthquake affected in various areas of Sindhupalchowk, Ramechap, Dolkha, Gorkha, Dhadhing including other districts.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3140', 'image' => '20160411012059_Clipboard06.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 9 => array( 'Article' => array( 'id' => '3301', 'article_category_id' => '1', 'title' => 'NTC SIM Cards for SLC Appeared Students', 'sub_title' => '', 'summary' => 'April 11 : Nepal Telecom (NTC) has announced to sell SIM cards with data package to the SLC appeared students starting from Monday, April 11. As per the offer, students can buy SIM cards having Rs 50 talk value and 300 MB data at Rs 90. According to NTC, the data can be used at 50 MB per month up to six months after the activation of the card. ', 'content' => '<p>April 11 : Nepal Telecom (NTC) has announced to sell SIM cards with data package to the SLC appeared students starting from Monday, April 11. As per the offer, students can buy SIM cards having Rs 50 talk value and 300 MB data at Rs 90. According to NTC, the data can be used at 50 MB per month up to six months after the activation of the card. <br /> <br /> According to the telecom service provider, the offer has been introduced as mobile service has gained immense attraction from students and youths along with the growing use of internet facility through the mobility service. Under the scheme, student are required to present the photocopy of SLC entrance card, photocopy of their own or parent's citizenship or the photocopy of any identity certificate issued by the government. The scheme will be valid till July 15. </p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3139', 'image' => '20160411123527_Clipboard23.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 10 => array( 'Article' => array( 'id' => '3300', 'article_category_id' => '1', 'title' => 'New LG Showrooms at Thimi and Gongabu', 'sub_title' => '', 'summary' => 'April 11 : CG Electronics has opened its new LG showrooms in Kathmandu valley. The company on April 8 inaugurated showroom named 'TV Point' in Thimi and 'LG House' in Gongabu. ', 'content' => '<p>April 11 : CG Electronics has opened its new LG showrooms in Kathmandu valley. The company on April 8 inaugurated showroom named 'TV Point' in Thimi and 'LG House' in Gongabu.<br /> <br /> According to the company, the new outlets are aimed to uplift the level of retailing effective in the Nepali market. The company has offered special discounts and attractive gift hampers along with additional gifts through lucky draw for 15 days from the opening day of the showrooms. </p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3138', 'image' => '20160411123206_Clipboard10.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 11 => array( 'Article' => array( 'id' => '3299', 'article_category_id' => '1', 'title' => 'Huawei Y6Pro in the Market', 'sub_title' => '', 'summary' => 'April 10: Chinese handset maker Huawei has launched Huawei Y6 Pro in Nepal. Available from today in the domestic market, the new Huawei smartphone carries a price tag of Rs. 22,499. “This sleek yet powerful device is a fine pick because of its high class performance, long-lasting battery and its simplicity with an edge,” says the company in a press statement. ', 'content' => '<p style="text-align:justify">April 10: Chinese handset maker Huawei has launched Huawei Y6 Pro in Nepal. Available from today in the domestic market, the new Huawei smartphone carries a price tag of Rs. 22,499. “This sleek yet powerful device is a fine pick because of its high class performance, long-lasting battery and its simplicity with an edge,” says the company in a press statement. As per the company’s claim, Y6Pro is one of the only phones on the market that can last for days of heavy usage. “Its super-powerful battery also boasts and extremely quick charge time – just 10 minutes of charging from 0 percent battery delivers three hours of call time – and if that wasn’t enough, the device doubles as a portable charger, powering up devices and other phones on the go,” reads the statement.</p> <p style="text-align:justify">The phone is powered by a quad-core 64-bit processor and comes with 2GB RAM and 16GB internal memory. “Designed for the young, this trendy device is a perfect value for money kind of a product,” says the company. Similarly, Y6 Pro boasts a 4,000 mAh battery with a flash charge and also allows reverse charging. As claimed by the company, the handset’s battery can provide backup for standby time up to 416 hours.</p> <p style="text-align:justify">Y6 Pro sports a 5-inch HD IPS screen with NCVM plating and water wave curve design. “Its sparkling ripple grains combined with a screen is a treat to the eyes. This 8.5mm thin device that allows single hand control makes it definitely one of a kind,” says the company.</p> <p style="text-align:justify">The new Huawei smartphone has a 13MP primary camera and a 5MP secondary snapper.</p> <p style="text-align:justify">“Using the Y6 Pro, one can capture all the moments without compromising on the picture quality,” reads the statement, adding, “Its seven-piece lens has F2.0 aperture for high definition shots every time and a 5 MP front-facing camera, offering F2.2 aperture, a wide angle range and a high density sensor.” Similarly, a new feature for the Y-series range of smartphones, enables users to remove backlight to improve the quality of an image and let the real subject of the photo shine through - no more wasting time setting up shots - just shoot and move on, according to the company.</p> <p style="text-align:justify">The camera also features Action Shot mode with which users can take up to 10 pictures in one single shot. Meanwhile, other camera features of the phone include ultra-fast snapshot, panorama shot and auto face enhancement for various shooting modes including selfie.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3137', 'image' => '20160411112831_Clipboard19.jpg', 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3298', 'article_category_id' => '1', 'title' => 'Nepal Buildcon International Exhibition 2016', 'sub_title' => 'Pre-fab Homes Grab Visitors Attention', 'summary' => 'April 10: Pre-fabricated homes have become the centre of attraction for Nepalis in the recent months. These new homes are constructed mainly with metal or alloy and are considered earthquake and weather resistant. ', 'content' => '<p>April 10: Pre-fabricated homes have become the centre of attraction for Nepalis in the recent months. These new homes are constructed mainly with metal or alloy and are considered earthquake and weather resistant. The attraction of pre-fabricated homes can be seen in the ongoing ‘Nepal Buildcon International Exhibition 2016’ where visitors are crowding over the earthquake resistant home models and construction materials which are being showcased to help the post-earthquake reconstruction campaign.</p> <p>“More than 2,500 people have visited our stalls,” says Panchakanya Group Sales and Marketing Manager Er Shambhu Karna. The stall from Panchkanya Group has been showcasing earthquake resistant homes. Similarly, the company has introduced new construction materials, Panchakanya Structural Steel (PSS) in the market.</p> <p>“The number of people has increased to get information on pre-fabricated homes after the last year’s earthquake,” said Gorkha Eco Panel Promoter Prashant Kafle. “The demand for the new home type is also increasing,” he says. He informs that the company provides a 70 years warranty on pre-fabricated homes.</p> <p>“Construction of pre-fabricated home cost 10 percent cheaper than building RCC home,”mentions Nil Mani Sapkota, Executive Director of Himalayan Pre-fabricated.</p> <p> “Most of the visitors are taking information on pre-fabricated homes”, says Shrijal Bhattrai, Managing Director of Media Space Solution (MSS), the organizer of the exhibition. Apart from the earthquake resistant homes, Sagun Company’s fire resistant ply and United Concrete Company’s less weighted hollow cement block have become major attraction of the exhibition among others.</p> <p>In the exhibition, domestic and international pre-fabricated home companies are showcasing their products and services. According to the organizer, a total of 109 domestic and international stalls are exhibiting construction materials, equipments related to construction and wooden materials. The exhibition will continue till April 11.</p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3136', 'image' => '20160410060037_prefab.JPG', 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3297', 'article_category_id' => '1', 'title' => 'Entrepreneurs Demand Amendment in Black Marketing Act', 'sub_title' => '', 'summary' => 'April 10: Entrepreneurs have demanded amendment in the existing Black Marketing Act. In a program organized by Nepal Chamber of Commerce (NCC) on Friday, they claimed that the Black Marketing and some other Social Crime and Punishment Act, 2032 have failed to give validity to open market economic status of the country.', 'content' => '<p>April 10: Entrepreneurs have demanded amendment in the existing Black Marketing Act. In a program organized by Nepal Chamber of Commerce (NCC) on Friday, they claimed that the Black Marketing and some other Social Crime and Punishment Act, 2032 have failed to give validity to open market economic status of the country.</p> <p>Speaking at the programme, Rajesh Kaji Shrestha, Chairman of NCC accused administration of interfering in free trade with the use of the law. “Right now, entrepreneurs are afraid as they are being harassed for various reasons,” he said. Shrestha claimed that the administration has been unnecessarily interfering in the name of market inspection even though the entrepreneurs are providing quality services to the consumers amid various difficulties. “Price of goods and services are determined by the market in free market economy, thus interference by government is against the free market policy,” he urged.</p> <p>Similarly, Kamlesh Kumar Agrawal, General Secretary of NCC, said that the act has created problems as it was introduced 50 years ago and cannot understand the essence of current market trends. “The act introduced in extreme narrow and controlled time could not meet the necessities of free economic market,” he mentioned.</p> <p>Meanwhile, Home Secretary Narayan Gopal Malego, clarified that the government will never discourage businesses. “Due to a few wrongdoers, the market has been flourished with frauds, but good businessmen need not be fearful. If there is any fault in the existing act, it can be amended through the consensus of stakeholders,” he said. </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '3135', 'image' => '20160410054011_black.JPG', 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3296', 'article_category_id' => '1', 'title' => 'Govt to Commemorate 2016/17 as Domestic Tourism Year', 'sub_title' => '', 'summary' => 'April 10: The government is planning to celebrate 2016/17 as ‘Domestic Tourism Year.’ “A cabinet level decision by the Ministry of Culture, Tourism and Civil Aviation (MoTCA) on April 8, decided to celebrate upcoming year as domestic tourism year,” informs the ministry Spokesperson Ghanshyam Upadhaya. According to him, Prime Minister KP Sharma Oli will declare the Domestic Tourism Year on April 24, the same date the major earthquake jolted Nepal last year. The ministry is making necessary preparations for the declaration of the program. ', 'content' => '<p>April 10: The government is planning to celebrate 2016/17 as ‘Domestic Tourism Year.’ “A cabinet level decision by the Ministry of Culture, Tourism and Civil Aviation (MoTCA) on April 8, decided to celebrate upcoming year as domestic tourism year,” informs the ministry Spokesperson Ghanshyam Upadhaya. According to him, Prime Minister KP Sharma Oli will declare the Domestic Tourism Year on April 24, the same date the major earthquake jolted Nepal last year. The ministry is making necessary preparations for the declaration of the program. </p> <p>The Domestic Tourism Year will be celebrated aimed at the recovery of tourism industry which was badly affected by the last year’s devastating earthquake. “To inspire people to visit their own country, campaign like ‘ghumna jau hai Pokhara’ and similar campaigns in Chitwan, Lumbini, Rara will be started,” informs Deepak Raj Joshi, CEO of Nepal Tourism Board (NTB). “Due to the increase in the number of domestic tourists with higher levels of disposable incomes, the tourism sector will be largely supported by internal tourism that was down after the earthquake.”</p> <p>As per the decision, public, educational and private sector organizations are required to provide leisure holidays mandatorily to their staffs and students during the Domestic Tourism Year. Under this, educational institutions should manage to provide inspirational holidays on festivals, educational tours and seminars. Similarly, the destination management and tour operators should also include discount on their packages. “If any private organisation provides leisure holidays once in a year, it will help to increase domestic tourism,” opines MoTCA Spokesperson Upadhaya. </p> <p>Meanwhile for the success of the Domestic Tourism Year, the ministry is collaborating with the private sector to bring attractive discount packages. Celebrating for the first time, the Domestic Tourism Year will be campaign and coordinate by NTB. </p> <p> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '3134', 'image' => null, 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falseinclude - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
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$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp' $dataForView = array( 'articles' => array( (int) 0 => array( 'Article' => array( [maximum depth reached] ) ), (int) 1 => array( 'Article' => array( [maximum depth reached] ) ), (int) 2 => array( 'Article' => array( [maximum depth reached] ) ), (int) 3 => array( 'Article' => array( [maximum depth reached] ) ), (int) 4 => array( 'Article' => array( [maximum depth reached] ) ), (int) 5 => array( 'Article' => array( [maximum depth reached] ) ), (int) 6 => array( 'Article' => array( [maximum depth reached] ) ), (int) 7 => array( 'Article' => array( [maximum depth reached] ) ), (int) 8 => array( 'Article' => array( [maximum depth reached] ) ), (int) 9 => array( 'Article' => array( [maximum depth reached] ) ), (int) 10 => array( 'Article' => array( [maximum depth reached] ) ), (int) 11 => array( 'Article' => array( [maximum depth reached] ) ), (int) 12 => array( 'Article' => array( [maximum depth reached] ) ), (int) 13 => array( 'Article' => array( [maximum depth reached] ) ), (int) 14 => array( 'Article' => array( [maximum depth reached] ) ) ), 'current_user' => null, 'logged_in' => false ) $articles = array( (int) 0 => array( 'Article' => array( 'id' => '3311', 'article_category_id' => '1', 'title' => 'Micromax Launches Canvas Q327 ', 'sub_title' => '', 'summary' => 'April 12 : Indian handset manufacturer Micromax has launched new smartphone Canvas Q327 in Nepal. Powered by a 1.2 GHz quad- core processor and 1GB RAM , the new Micromax smartphone runs on Android 5.1 Lollipop operating system.', 'content' => '<p>April 12 : Indian handset manufacturer Micromax has launched new smartphone Canvas Q327 in Nepal. Powered by a 1.2 GHz quad- core processor and 1GB RAM , the new Micromax smartphone runs on Android 5.1 Lollipop operating system. Similarly, the phone sports a 4 inch WVGA screen, 5 MP primary camera and 1.3 MP rear camera. Canvas Q327 comes with a micro SD card slot which can be used to expand its storage upto 32 GB ,8 GB ROM and 1450 mAh battery. Q327 also supports 3G. The phone is priced Rs 6,193 in the domestic market.</p> <p> </p> ', 'published' => true, 'created' => '2016-04-12', 'modified' => '2016-04-14', 'keywords' => '', 'description' => '', 'sortorder' => '3149', 'image' => '20160412125631_fdsf.jpg', 'article_date' => '2016-04-12 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 1 => array( 'Article' => array( 'id' => '3310', 'article_category_id' => '1', 'title' => 'Api to Distribute Right Shares', 'sub_title' => '', 'summary' => 'A special general meeting of Api Power Company Limited has approved the distribution of right shares to increase the capital of the hydroelectricity producer. The meeting has approved the proposal of distribution of right shares in the ratio of 1:2. With the increase in the capital, Api expects that it will become the country’s largest hydropower company within 5 years. The company has Rs 1 billion in paid-up capital.', 'content' => '<p style="text-align:justify">April 11: Special general meeting of Api Power Company Limited has approved the distribution of right shares to increase the capital of the hydroelectricity producer. The meeting has approved the proposal of distribution of right shares in the ratio of 1:2. With the increase in the capital, Api expects that it will become the country’s largest hydropower company within 5 years. The company has Rs 1 billion in paid-up capital.</p> <p style="text-align:justify">The company has completed the construction of 8.5 MW <em>Naugarh</em> Gad <em>Small</em> Hydroelectric <em>Project</em>. The company in a press statement informed that the capital collected from the issuance of right shares will be utilise to construct a 75 MW hydropower project on Trishuli river.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-12', 'keywords' => '', 'description' => '', 'sortorder' => '3148', 'image' => '20160411060330_api.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 2 => array( 'Article' => array( 'id' => '3309', 'article_category_id' => '1', 'title' => 'WB Cautions South Asia on Fading Tailwinds', 'sub_title' => '', 'summary' => 'Led by robust growth in India, South Asia shows resilience in the face of turbulent international markets and remains the fastest-growing region in the world, says a new World Bank report. According to South Asia Economic Focus, published twice-a-year, the region is likely to see its economic growth to gradually accelerate from 7.1 percent in 2016 to 7.3 percent in 2017. “The region’s economic performance prospects remain strong due limited exposure to global turbulence, coupled with increasing investment activity,” reads the report.', 'content' => '<p style="text-align: justify;">Led by robust growth in India, South Asia shows resilience in the face of turbulent international markets and remains the fastest-growing region in the world, says a new World Bank report. According to South Asia Economic Focus, published twice-a-year, the region is likely to see its economic growth to gradually accelerate from 7.1 percent in 2016 to 7.3 percent in 2017. “The region’s economic performance prospects remain strong due limited exposure to global turbulence, coupled with increasing investment activity,” reads the report.</p> <p style="text-align: justify;">Nevertheless, the bank also cautions South Asian nation of fading tailwinds of the global economy. “Capital flows to the region have declined and remittances from oil exporting countries have started to weaken,” mentions the bank. “Fuel and food prices remain low but are unlikely to keep falling. As a result overall output growth is slower than previously anticipated and inflation has recently been creeping up.”</p> <p style="text-align: justify;">“South Asia has been resilient to global turbulence due to its limited exposure to slowdowns in other major economies coupled with the tailwinds of favorable oil prices, capital flows, and remittances,” said Annette Dixon, World Bank South Asia Vice President. “However, fiscal and financial vulnerabilities remain and countries should strive to address them through generating revenue and creating more fiscal space.”</p> <p style="text-align: justify;">Many South Asian countries show potential for accelerated growth in the short to medium term, according to the report. “However, they should expect a more difficult global environment demanding well-managed domestic economies,” says the report. Given its weight in the region, India sets the pace for South Asia as a whole. The bank forecasts economic activity of India to accelerate from 7.5 percent in FY2016 to 7.7 percent in FY2017 based on the expectation of strong private investment, a push in infrastructure spending, an improved investment climate, and deleveraged corporate and financial balance sheets. The bank estimates the Nepali economy to grow by 1.7 percent in 2016 compared to 3.4 percent in 2015. The lower growth prospect is attributed to the last year’s earthquake followed by cross-border trade disruptions, as per the bank. “Disruptions increased inflation to double digits, affecting the welfare of the poor and vulnerable, while reducing revenue collection and slowing reconstruction efforts,” the report mentions. Nevertheless, the bank expects the situation to normalised by the end of 2016, leading to strong rebound in 2017 with GDP expected to grow by 5.8 percent.</p> <p style="text-align: justify;">Similarly, the report forecasts Pakistan’s economic growth to accelerate modestly from 4.5 percent in 2016 to 4.8 percent in 2017 while Sri Lanka is expected to grow by 5.3 percent in both 2016 and 2017. The bank projects economic growth of Bangladesh to be 6.3 percent in 2016 and 6.8 percent in 2017 whereas, it forecasts Bhutan’s growth to be 6.7 percent in 2016 and 6.8 percent in 2017. Meanwhile, Maldives is expected to achieve GDP growth of 3.5 percent in 2016 and 3.9 percent in 2017. Likewise, the bank estimates Afghanistan’s growth to increase marginally from 1.9 percent in 2016 to 2.9 percent in 2017. </p> <p style="text-align: justify;">The report’s analysis of fiscal policy across the region suggests that governments need to find a balanced path towards fiscal consolidation. “Fiscal policy has a wide range of impacts for development. The fiscal deficit affects macroeconomic stability, capital expenditures are needed for growth, and taxes and social spending matter for equity,” said World Bank South Asia Chief Economist Martin Rama. “With the currently low oil prices, this is also an opportune time for South Asian policy makers to introduce or expand explicit carbon taxes. This would improve environmental and fiscal sustainability at the same time.”</p> <p style="text-align: justify;"> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3147', 'image' => '20160411053100_flowchart.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '15' ) ), (int) 3 => array( 'Article' => array( 'id' => '3308', 'article_category_id' => '1', 'title' => 'Karki Elected New NEFFA President', 'sub_title' => '', 'summary' => 'April 11 : Prakash Singh Karki has been elected as the new President of Nepal Freight Forwarders Association (NEFFA). "The 16th Annual General Meeting (AGM) held in Kathmandu has elected 12 members executive committee under presidency of Karki," informs the association issuing a press statement. ', 'content' => '<p>April 11 : Prakash Singh Karki has been elected as the new President of Nepal Freight Forwarders Association (NEFFA). "The 16th Annual General Meeting (AGM) held in Kathmandu has elected 12 members executive committee under presidency of Karki," informs the association issuing a press statement. According to NEFFA, the executive committee also unanimously elected Manoj Adhikari as First Vice-President, Rajendra Sangraula as Second Vice-President, Sundar Prasad Dahal as Secretary General and Naresh Kumar Agrawal as Treasurer.</p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3146', 'image' => '20160411035454_Clipboard24.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 4 => array( 'Article' => array( 'id' => '3307', 'article_category_id' => '1', 'title' => 'New ADBL Branch in Rupandehi', 'sub_title' => '', 'summary' => 'April 11: Agricultural Development Bank Limited (ADBL) has opened a new branch in Pharsatikar of Rupandehi district. CEO of the bank Lila Prakash Sitaula inaugurated the new branch office in a program organized on April 10.The program was organized in chairmanship of Arun Kumar Dhungana, Director of ADBL’s Bhairahawa Regional Office. ', 'content' => '<p>April 11: Agricultural Development Bank Limited (ADBL) has opened a new branch in Pharsatikar of Rupandehi district. CEO of the bank Lila Prakash Sitaula inaugurated the new branch office in a program organized on April 10.The program was organized in chairmanship of Arun Kumar Dhungana, Director of ADBL’s Bhairahawa Regional Office. CEO Sitaula also launched the Core Banking System in various branches of Majhgawan and Sidharthanagaralong with the bank’s Western Regional Training Center.</p> <p>Speaking in the program, CEO Situala said, "With the history of 49 years operation, the bank aims to expand its service with modern banking system." According to him, the bank has invested 31 percent of its total investment in the agriculture sector. He had also mentioned that the new branches are focusing on increasing financial literacy of the customers.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3145', 'image' => '20160411031525_Clipboard14.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 5 => array( 'Article' => array( 'id' => '3306', 'article_category_id' => '1', 'title' => 'Kumari Bank’s Blood Donation Program', 'sub_title' => '', 'summary' => 'April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year.', 'content' => '<p>April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year. Around 62 participants including the bank’s Director Uttam Prasad Bhattarai, shareholders, customers and well-wishers were present during the ceremony. Similarly, the bank’s Chairman Santosh Kumar Lama honoured the blood donors with gifts. Founded in 2001, Kumari Bank has been providing its services through 36 branches, two extension counters and 46 ATM locations across the country.</p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3144', 'image' => '20160411030149_Clipboard13.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 6 => array( 'Article' => array( 'id' => '3305', 'article_category_id' => '1', 'title' => 'FNCCI Golden Jubilee 1966-2016 : Common Agenda for Economic Development: FNCCI', 'sub_title' => '', 'summary' => 'The Federation of Nepalese Chamber of Commerce (FNCCI) has suggested to the government to prepare common minimum economic agenda for the economic and industrial development of the country. On the occasion of the organization's golden jubilee, 50th annual general meeting and Industry Commerce Day, FNCCI ', 'content' => '<p>The Federation of Nepalese Chamber of Commerce (FNCCI) has suggested to the government to prepare common minimum economic agenda for the economic and industrial development of the country. On the occasion of the organization's golden jubilee, 50th annual general meeting and Industry Commerce Day, FNCCI President Pashupati Murarka requested the government to move ahead for the country’s economic development with common economic agenda while facing the existing challenges.</p> <p>Prime Minister KP Sharma Oli unveiled the federation’s golden jubilee logo and FNCCI mobile app which include all the information about the organisation. “Weak economic growth, less employment opportunities, increasing trade deficit, deepening energy crisis, unequal development, lack of infrastructures, rising social insecurity, weak administrative system are the main challenges for the economic development,” said Murarka, adding, “As soon as the government changes, the economic policies and bureaucracy also get changed which create obstacle in the development. We need to put an end to this system.”</p> <p>He said that, due to the political differences, construction of Kathmandu-Terai Fast Track road, regional and international airports, mega hydropower projects, major infrastructure projects and projects of national pride are not being implemented “The government and political parties need to assure that the policies would not be changed for at least 10-15 years, whichever party comes to the power.” </p> <p>Addressing the program, PM KP Sharma Oli said, “The political struggle has finished, and now it’s time for the economic development and prosperity.” The prime minister felicitated FNCCI’s staffs, member institutions and other affiliated organizations at the program. Similarly, Society of Economic Journalists-Nepal (SEJON) too was felicitated with cash prize and a letter of appreciation for its contribution in the field economic journalism. </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3143', 'image' => '20160411022843_Clipboard02.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 7 => array( 'Article' => array( 'id' => '3304', 'article_category_id' => '1', 'title' => 'Yeti Devt Bank Provides Scholarship ', 'sub_title' => '', 'summary' => 'April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year. ', 'content' => '<p>April 11 : Kumari Bank has completed its 15th year of operations. The employee association of Kumari Bank organized a blood donation program on the occasion of the bank entering into the 16th year. Around 62 participants including the bank’s Director Uttam Prasad Bhattarai, shareholders, customers and well-wishers were present during the ceremony. Similarly, the bank’s Chairman Santosh Kumar Lama honoured the blood donors with gifts. Founded in 2001, Kumari Bank has been providing its services through 36 branches, two extension counters and 46 ATM locations across the country.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3142', 'image' => '20160411022659_Clipboard12.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 8 => array( 'Article' => array( 'id' => '3302', 'article_category_id' => '1', 'title' => 'Chaudhary Foundation Provides Homes for Quake Victims', 'sub_title' => '', 'summary' => 'April 11 : Chaudhary Foundation, the CSR arm of Chaudhary Group, has distributed homes to the earthquake victims of Jalbire in Sindhupalchowk district. The foundation handed over the homes to the affected people amid a program that was organized to distribute the 65 “transitional homes.', 'content' => '<p>April 11 : Chaudhary Foundation, the CSR arm of Chaudhary Group, has distributed homes to the earthquake victims of Jalbire in Sindhupalchowk district. The foundation handed over the homes to the affected people amid a program that was organized to distribute the 65 “transitional homes.” Binod Chaudhary, President of the Chaudhary Foundation urged the government and concerned authorities to secure homes for earthquake victims before monsoon. “The government, private sector and donor agencies should concentrate on the management of minimum shelter for earthquake victims,” he said, adding, “Effective coordination is necessary for the purpose.” The shelters were built under the CG Shelter Project. The foundation has already constructed around 2,500 shelters till date.</p> <p>The foundation distributed the houses as per its commitment of building transitional homes. Earlier, it has distributed CG shelters in Bhimtaar of Sindhupalchowk, and Mahadevsthan and Dolalghat of Kavre. The foundation also informed that shelters will be handed to the earthquake affected in various areas of Sindhupalchowk, Ramechap, Dolkha, Gorkha, Dhadhing including other districts.</p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3140', 'image' => '20160411012059_Clipboard06.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 9 => array( 'Article' => array( 'id' => '3301', 'article_category_id' => '1', 'title' => 'NTC SIM Cards for SLC Appeared Students', 'sub_title' => '', 'summary' => 'April 11 : Nepal Telecom (NTC) has announced to sell SIM cards with data package to the SLC appeared students starting from Monday, April 11. As per the offer, students can buy SIM cards having Rs 50 talk value and 300 MB data at Rs 90. According to NTC, the data can be used at 50 MB per month up to six months after the activation of the card. ', 'content' => '<p>April 11 : Nepal Telecom (NTC) has announced to sell SIM cards with data package to the SLC appeared students starting from Monday, April 11. As per the offer, students can buy SIM cards having Rs 50 talk value and 300 MB data at Rs 90. According to NTC, the data can be used at 50 MB per month up to six months after the activation of the card. <br /> <br /> According to the telecom service provider, the offer has been introduced as mobile service has gained immense attraction from students and youths along with the growing use of internet facility through the mobility service. Under the scheme, student are required to present the photocopy of SLC entrance card, photocopy of their own or parent's citizenship or the photocopy of any identity certificate issued by the government. The scheme will be valid till July 15. </p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3139', 'image' => '20160411123527_Clipboard23.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 10 => array( 'Article' => array( 'id' => '3300', 'article_category_id' => '1', 'title' => 'New LG Showrooms at Thimi and Gongabu', 'sub_title' => '', 'summary' => 'April 11 : CG Electronics has opened its new LG showrooms in Kathmandu valley. The company on April 8 inaugurated showroom named 'TV Point' in Thimi and 'LG House' in Gongabu. ', 'content' => '<p>April 11 : CG Electronics has opened its new LG showrooms in Kathmandu valley. The company on April 8 inaugurated showroom named 'TV Point' in Thimi and 'LG House' in Gongabu.<br /> <br /> According to the company, the new outlets are aimed to uplift the level of retailing effective in the Nepali market. The company has offered special discounts and attractive gift hampers along with additional gifts through lucky draw for 15 days from the opening day of the showrooms. </p> <p> </p> ', 'published' => true, 'created' => '2016-04-11', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3138', 'image' => '20160411123206_Clipboard10.jpg', 'article_date' => '2016-04-11 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '11' ) ), (int) 11 => array( 'Article' => array( 'id' => '3299', 'article_category_id' => '1', 'title' => 'Huawei Y6Pro in the Market', 'sub_title' => '', 'summary' => 'April 10: Chinese handset maker Huawei has launched Huawei Y6 Pro in Nepal. Available from today in the domestic market, the new Huawei smartphone carries a price tag of Rs. 22,499. “This sleek yet powerful device is a fine pick because of its high class performance, long-lasting battery and its simplicity with an edge,” says the company in a press statement. ', 'content' => '<p style="text-align:justify">April 10: Chinese handset maker Huawei has launched Huawei Y6 Pro in Nepal. Available from today in the domestic market, the new Huawei smartphone carries a price tag of Rs. 22,499. “This sleek yet powerful device is a fine pick because of its high class performance, long-lasting battery and its simplicity with an edge,” says the company in a press statement. As per the company’s claim, Y6Pro is one of the only phones on the market that can last for days of heavy usage. “Its super-powerful battery also boasts and extremely quick charge time – just 10 minutes of charging from 0 percent battery delivers three hours of call time – and if that wasn’t enough, the device doubles as a portable charger, powering up devices and other phones on the go,” reads the statement.</p> <p style="text-align:justify">The phone is powered by a quad-core 64-bit processor and comes with 2GB RAM and 16GB internal memory. “Designed for the young, this trendy device is a perfect value for money kind of a product,” says the company. Similarly, Y6 Pro boasts a 4,000 mAh battery with a flash charge and also allows reverse charging. As claimed by the company, the handset’s battery can provide backup for standby time up to 416 hours.</p> <p style="text-align:justify">Y6 Pro sports a 5-inch HD IPS screen with NCVM plating and water wave curve design. “Its sparkling ripple grains combined with a screen is a treat to the eyes. This 8.5mm thin device that allows single hand control makes it definitely one of a kind,” says the company.</p> <p style="text-align:justify">The new Huawei smartphone has a 13MP primary camera and a 5MP secondary snapper.</p> <p style="text-align:justify">“Using the Y6 Pro, one can capture all the moments without compromising on the picture quality,” reads the statement, adding, “Its seven-piece lens has F2.0 aperture for high definition shots every time and a 5 MP front-facing camera, offering F2.2 aperture, a wide angle range and a high density sensor.” Similarly, a new feature for the Y-series range of smartphones, enables users to remove backlight to improve the quality of an image and let the real subject of the photo shine through - no more wasting time setting up shots - just shoot and move on, according to the company.</p> <p style="text-align:justify">The camera also features Action Shot mode with which users can take up to 10 pictures in one single shot. Meanwhile, other camera features of the phone include ultra-fast snapshot, panorama shot and auto face enhancement for various shooting modes including selfie.</p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3137', 'image' => '20160411112831_Clipboard19.jpg', 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 12 => array( 'Article' => array( 'id' => '3298', 'article_category_id' => '1', 'title' => 'Nepal Buildcon International Exhibition 2016', 'sub_title' => 'Pre-fab Homes Grab Visitors Attention', 'summary' => 'April 10: Pre-fabricated homes have become the centre of attraction for Nepalis in the recent months. These new homes are constructed mainly with metal or alloy and are considered earthquake and weather resistant. ', 'content' => '<p>April 10: Pre-fabricated homes have become the centre of attraction for Nepalis in the recent months. These new homes are constructed mainly with metal or alloy and are considered earthquake and weather resistant. The attraction of pre-fabricated homes can be seen in the ongoing ‘Nepal Buildcon International Exhibition 2016’ where visitors are crowding over the earthquake resistant home models and construction materials which are being showcased to help the post-earthquake reconstruction campaign.</p> <p>“More than 2,500 people have visited our stalls,” says Panchakanya Group Sales and Marketing Manager Er Shambhu Karna. The stall from Panchkanya Group has been showcasing earthquake resistant homes. Similarly, the company has introduced new construction materials, Panchakanya Structural Steel (PSS) in the market.</p> <p>“The number of people has increased to get information on pre-fabricated homes after the last year’s earthquake,” said Gorkha Eco Panel Promoter Prashant Kafle. “The demand for the new home type is also increasing,” he says. He informs that the company provides a 70 years warranty on pre-fabricated homes.</p> <p>“Construction of pre-fabricated home cost 10 percent cheaper than building RCC home,”mentions Nil Mani Sapkota, Executive Director of Himalayan Pre-fabricated.</p> <p> “Most of the visitors are taking information on pre-fabricated homes”, says Shrijal Bhattrai, Managing Director of Media Space Solution (MSS), the organizer of the exhibition. Apart from the earthquake resistant homes, Sagun Company’s fire resistant ply and United Concrete Company’s less weighted hollow cement block have become major attraction of the exhibition among others.</p> <p>In the exhibition, domestic and international pre-fabricated home companies are showcasing their products and services. According to the organizer, a total of 109 domestic and international stalls are exhibiting construction materials, equipments related to construction and wooden materials. The exhibition will continue till April 11.</p> <p style="text-align:justify"> </p> <p style="text-align:justify"> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-11', 'keywords' => '', 'description' => '', 'sortorder' => '3136', 'image' => '20160410060037_prefab.JPG', 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 13 => array( 'Article' => array( 'id' => '3297', 'article_category_id' => '1', 'title' => 'Entrepreneurs Demand Amendment in Black Marketing Act', 'sub_title' => '', 'summary' => 'April 10: Entrepreneurs have demanded amendment in the existing Black Marketing Act. In a program organized by Nepal Chamber of Commerce (NCC) on Friday, they claimed that the Black Marketing and some other Social Crime and Punishment Act, 2032 have failed to give validity to open market economic status of the country.', 'content' => '<p>April 10: Entrepreneurs have demanded amendment in the existing Black Marketing Act. In a program organized by Nepal Chamber of Commerce (NCC) on Friday, they claimed that the Black Marketing and some other Social Crime and Punishment Act, 2032 have failed to give validity to open market economic status of the country.</p> <p>Speaking at the programme, Rajesh Kaji Shrestha, Chairman of NCC accused administration of interfering in free trade with the use of the law. “Right now, entrepreneurs are afraid as they are being harassed for various reasons,” he said. Shrestha claimed that the administration has been unnecessarily interfering in the name of market inspection even though the entrepreneurs are providing quality services to the consumers amid various difficulties. “Price of goods and services are determined by the market in free market economy, thus interference by government is against the free market policy,” he urged.</p> <p>Similarly, Kamlesh Kumar Agrawal, General Secretary of NCC, said that the act has created problems as it was introduced 50 years ago and cannot understand the essence of current market trends. “The act introduced in extreme narrow and controlled time could not meet the necessities of free economic market,” he mentioned.</p> <p>Meanwhile, Home Secretary Narayan Gopal Malego, clarified that the government will never discourage businesses. “Due to a few wrongdoers, the market has been flourished with frauds, but good businessmen need not be fearful. If there is any fault in the existing act, it can be amended through the consensus of stakeholders,” he said. </p> <p> </p> <p> </p> <p> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '3135', 'image' => '20160410054011_black.JPG', 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ), (int) 14 => array( 'Article' => array( 'id' => '3296', 'article_category_id' => '1', 'title' => 'Govt to Commemorate 2016/17 as Domestic Tourism Year', 'sub_title' => '', 'summary' => 'April 10: The government is planning to celebrate 2016/17 as ‘Domestic Tourism Year.’ “A cabinet level decision by the Ministry of Culture, Tourism and Civil Aviation (MoTCA) on April 8, decided to celebrate upcoming year as domestic tourism year,” informs the ministry Spokesperson Ghanshyam Upadhaya. According to him, Prime Minister KP Sharma Oli will declare the Domestic Tourism Year on April 24, the same date the major earthquake jolted Nepal last year. The ministry is making necessary preparations for the declaration of the program. ', 'content' => '<p>April 10: The government is planning to celebrate 2016/17 as ‘Domestic Tourism Year.’ “A cabinet level decision by the Ministry of Culture, Tourism and Civil Aviation (MoTCA) on April 8, decided to celebrate upcoming year as domestic tourism year,” informs the ministry Spokesperson Ghanshyam Upadhaya. According to him, Prime Minister KP Sharma Oli will declare the Domestic Tourism Year on April 24, the same date the major earthquake jolted Nepal last year. The ministry is making necessary preparations for the declaration of the program. </p> <p>The Domestic Tourism Year will be celebrated aimed at the recovery of tourism industry which was badly affected by the last year’s devastating earthquake. “To inspire people to visit their own country, campaign like ‘ghumna jau hai Pokhara’ and similar campaigns in Chitwan, Lumbini, Rara will be started,” informs Deepak Raj Joshi, CEO of Nepal Tourism Board (NTB). “Due to the increase in the number of domestic tourists with higher levels of disposable incomes, the tourism sector will be largely supported by internal tourism that was down after the earthquake.”</p> <p>As per the decision, public, educational and private sector organizations are required to provide leisure holidays mandatorily to their staffs and students during the Domestic Tourism Year. Under this, educational institutions should manage to provide inspirational holidays on festivals, educational tours and seminars. Similarly, the destination management and tour operators should also include discount on their packages. “If any private organisation provides leisure holidays once in a year, it will help to increase domestic tourism,” opines MoTCA Spokesperson Upadhaya. </p> <p>Meanwhile for the success of the Domestic Tourism Year, the ministry is collaborating with the private sector to bring attractive discount packages. Celebrating for the first time, the Domestic Tourism Year will be campaign and coordinate by NTB. </p> <p> </p> ', 'published' => true, 'created' => '2016-04-10', 'modified' => '2016-04-10', 'keywords' => '', 'description' => '', 'sortorder' => '3134', 'image' => null, 'article_date' => '2016-04-10 00:00:00', 'homepage' => false, 'breaking_news' => false, 'main_news' => true, 'in_scroller' => false, 'user_id' => '16' ) ) ) $current_user = null $logged_in = false $xml = falsesimplexml_load_file - [internal], line ?? include - APP/View/Elements/side_bar.ctp, line 133 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::_renderElement() - CORE/Cake/View/View.php, line 1224 View::element() - CORE/Cake/View/View.php, line 418 include - APP/View/Articles/index.ctp, line 157 View::_evaluate() - CORE/Cake/View/View.php, line 971 View::_render() - CORE/Cake/View/View.php, line 933 View::render() - CORE/Cake/View/View.php, line 473 Controller::render() - CORE/Cake/Controller/Controller.php, line 968 Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200 Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167 [main] - APP/webroot/index.php, line 117
Currency | Unit |
Buy | Sell |
U.S. Dollar | 1 | 121.23 | 121.83 |
European Euro | 1 | 131.65 | 132.31 |
UK Pound Sterling | 1 | 142.47 | 143.18 |
Swiss Franc | 1 | 124.29 | 124.90 |
Australian Dollar | 1 | 71.69 | 72.05 |
Canadian Dollar | 1 | 83.90 | 84.32 |
Japanese Yen | 10 | 10.94 | 11.00 |
Chinese Yuan | 1 | 17.17 | 17.26 |
Saudi Arabian Riyal | 1 | 32.27 | 32.43 |
UAE Dirham | 1 | 33.01 | 33.17 |
Malaysian Ringgit | 1 | 27.36 | 27.50 |
South Korean Won | 100 | 9.77 | 9.82 |
Update: 2020-03-25 | Source: Nepal Rastra Bank (NRB)
Fine Gold | 1 tola | 77000.00 |
Tejabi Gold | 1 tola | 76700.00 |
Silver | 1 tola | 720.00 |
Update : 2020-03-25
Source: Federation of Nepal Gold and Silver Dealers' Association
Petrol | 1 Liter | 106.00 |
Diesel | 1 Liter | 95.00 |
Kerosene | 1 Liter | 95.00 |
LP Gas | 1 Cylinder | 1375.00 |
Update : 2020-03-25